Business Services Industry

Partner Communications Announces Dismissal of a Purported Class Action Filed against the Company

Business Wire, March 12, 2008

ROSH HA'AYIN, Israel -- Partner Communications Company Ltd. ("Partner") (Nasdaq:PTNR)(LSE:PCCD)(TASE:PTNR), a leading Israeli mobile communications operator, announced that on March 5th 2008, following the plaintiffs' request, a claim that was filed with the Jerusalem District Court in January 2007 against the Company, two other cellular operators and two land-line operators, was dismissed with prejudice, and a request for the certification of the claim as a class action was dismissed without prejudice.

It had been claimed by the plaintiffs that the defendants had not implemented number portability and were in violation of the Communication Law. It had also been claimed that the defendants were thus harming the plaintiffs and consumers of telephone services in general.

For additional details see note 7(4) to our Financial Statements included in our Annual Report on Form 20-F for the year ended December 31st, 2006.

About Partner Communications

Partner Communications Company Ltd. ("Partner") is a leading Israeli mobile communications operator providing GSM / GPRS / UMTS / HSDPA services and wire free applications under the orange[TM] brand. The Company provides quality service and a range of features to 2.86 million subscribers in Israel (as of December 31st, 2007). Partner's ADSs are quoted on the NASDAQ Global Select Market[TM] and the London Stock Exchange. Its shares are also traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR; LSE: PCCD).

Partner is a subsidiary of Hutchison Telecommunications International Limited ("Hutchison Telecom"), a leading global provider of telecommunications services. Hutchison Telecom currently offers mobile and fixed line telecommunications services in Hong Kong, and operates mobile telecommunications services in Israel, Macau, Thailand, Sri Lanka, Ghana, Vietnam and Indonesia. It was the first provider of 3G mobile services in Hong Kong and Israel and operates brands including "Hutch", "3" and "orange". Hutchison Telecom, a subsidiary of Hutchison Whampoa Limited, is a listed company with American Depositary Shares quoted on the New York Stock Exchange under the ticker "HTX" and shares listed on the Stock Exchange of Hong Kong under the stock code "2332". For more information about Hutchison Telecom, see www.htil.com.

For more information about Partner, see http://www.orange.co.il/investor_site/

NOTE TO EDITORS: In the web address above, there is an underbar between "investor" and "site", which may not appear correctly in some systems.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
Click Here
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Thompson Gale