Business Services Industry
Partner Communications Announces It Received a Lawsuit Requesting Certification as a Class Action
Business Wire, May 7, 2008
ROSH HA'AYIN, Israel -- Partner Communications Company Ltd. ("Partner" or "the Company") (Nasdaq:PTNR)(TASE:PTNR), a leading Israeli mobile communications operator, announced that it was served on Tuesday, May 6, 2008, with a lawsuit requesting certification as a class action, filed against Partner in the District Court of Jerusalem, by plaintiffs claiming to be subscribers of Partner.
The Plaintiffs claim that Partner should not have charged them for repairing their mobile handset.
The total amount to be claimed under the class action is estimated by the plaintiffs at approximately NIS 46 Million.
Partner will contest this lawsuit vigorously. At this preliminary stage, Partner is considering the merits of the claim and is unable to assess the extent of the validity of the claim against it.
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 2.823 million subscribers in Israel (as of March 31st, 2008). Partner's ADSs are quoted on the NASDAQ Global Select Market[TM] and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
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/
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