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Partner Comms Q2 net profit up but misses estimate

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Partner Communications, Israel's second largest mobile phone operator, on Monday reported a lower-than-expected rise in quarterly profit, hurt by a jump in financial expenses.

 

Net income in the second quarter was NIS 293 million ($77 million) compared with NIS 288 million ($76 million) a year earlier. Revenue rose 10.7% to NIS 1.67 billion ($440,000). (Reuters)

 

 

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