Partner Communications Company Ltd. (NASDAQ and TASE: PTNR), an Israeli communications operator, has announced, following a pilot stage, the commencement of the commercial phase and acceleration of its fiber optic network deployment, the company said.
Following the company´s report dated June 21, 2016, with respect to the deployment of an independent fixed-line infrastructure using fiber optics, Partner announces that over the last few months it has significantly increased the deployment rollout of the fiber optics in various cities throughout the country and has reached tens of thousands of households, as an expansion of the existing deployment that includes thousands of kilometers of fiber optics, with a presence in business centers and many cities throughout the country.
In addition, as part of the company´s deployment plan, Partner intends to double its household reach by the end of the year.
The company´s investment in the fiber optic network is part of the company´s strategy to maintain its technological leadership in the market. The fiber optic network enables the company, as a comprehensive communications group, to offer higher internet speeds in Israel and to offer additional advanced services, such as high quality TV services.
Partner Communications provides telecommunications services (cellular, fixed-line telephony, internet and television services). Its ADSs are quoted on the NASDAQ Global Select Marketâ¢ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).