Partner Communications Company Ltd.

Ladies and gentlemen, thank you for standing by. Welcome to the Partner Communications fourth quarter 2021 results conference call. All participants are present in a listen-only mode. For operator assistance during the conference, please press star zero. Following management's formal presentation, instructions will be given for the question and answer session. As a reminder, this conference is being recorded. I would now like to turn the call over to Mr. Amir Adar, Head of Investor Relations and Corporate Project. Mr. Adar, please go ahead.

Thank you, and thank you to all our listeners for joining us on this conference call to discuss partner communication, fourth quarter, and annual results for the year 2021. With me on the call today is Avi Tzvi, Partner CEO, and Samir Amar, our Deputy CEO and CFO. Avi will provide an update on partners' business developments, He will then hand over to Tamir, who will provide a detailed discussion of our quarterly and annual financial and operational results. And finally, we will move on to the Q&A. Before we begin, I would like to draw your attention to the fact that oral statements in these conference calls may be forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Security Exchange Act of 1934 was amended, and the safe harbor provision of the U.S. Private Securities Litigation Reform Act of 1995. Regarding such forward-looking statements, you should be aware that partner actual results might vary materially from those projected in the forward-looking statement. Additional information concerning factors that could cause actual results to differ materially from those in the formal-looking statement are contained in Partners' press release, dated February the 28th, 2022, as well as Partners' filing with the U.S. Security and Exchange Commission on Forms 20F, F1, and 6K, as well as the F3 Just Registration Statement, all of which are readily available. Please note that the information in this conference call related to projection or other forward-looking statement is subject to the previous Safe Harbor Statement as of the date of this call. For your information, This call is also being broadcast over the Internet and can be accessed through our website. If you have any further questions following the call, please feel free to contact me at 972-547-815051. I will now turn the call over to Partner CEO Avi Tzvi. Avi?

Thank you, Amir. Good morning, everyone, and welcome to our earnings conference call. Partner ended 2021 with improvements in its key financial measures, despite the ongoing COVID-19 impacts and the continued highly competitive landscape in the Israeli telecom markets. The results reflect the importance the company places on the customer, who is at the epicenter of the company's activities. We believe in transparency, fairness and attentiveness towards our customers. It is not without reason that the cellular segment consistently continues to expand its subscriber base, having exceeded the 3 million subscriber mark last quarter. As we enter a new chapter in implementing our strategy, I am happy to provide some color on the progress that we have made, as well as our ambitious targets ahead. In the cellular mobile market, after reaching 30% population coverage in 2021, Partner intends to continue the accelerated deployment of the 5G sites with the aim of achieving above 40% coverage by the end of 2022. In the fiber optics market, we're expanding the value chain as we become a dominant fiber optics infrastructure player. This major shift is based on four pillars. One, we're on track to reach about 1 million home connected by the end of 2022. We're currently at 740,000. Two, we're increasing the fiber value potential through wholesale agreements for use of partners' infrastructure. Three, we're strengthening our position as a leading fiber optics infrastructure provider to enterprises. And last but definitely not least, we're seizing new opportunities in the Middle East by introducing sustainable fiber optic connection solution for international communication operators. Tamir will provide more details on this shortly. In the TV services, Partner is well prepared for the expected entrance of additional international streaming services with its unique super aggregator model. As part of our business strategy, we are investing in work environment and in workforce compensation. We are proud on the renewal of the collective employment agreement for further three years. I would like to thank Partner's Board of Directors headed by Chairperson Osnat Ronen for the complete backing for the measures we have taken in the past year. I would now like to turn the call over to Tamir Amar for a detailed review of our financial results.