ROSH HA’AYIN, Israel--(BUSINESS WIRE)--Partner Communications Company Ltd. ("Partner" or "the Company") (NASDAQ:PTNR) (TASE:PTNR), a leading Israeli mobile communications operator, reports that the Company's Board of Directors approved on April 29, 2015 the appointment of Mr. Yehuda Saban as a member to the Company's Board of Directors. Mr. Yehuda Saban was nominated by the court appointed receiver with respect to most of Scailex Corporation Ltd.'s shares in the Company. In accordance with the Company's Articles of Association and applicable law, Mr. Yehuda Saban shall serve in office until the Coming Annual General Meeting of shareholders.
Mr. Saban served as Vice President Economics & Regulation and FLNG (Floating Liquefied Natural Gas) manager at Delek Drilling & Avner oil exploration. Mr. Saban holds a B.A. in Economics & Business Management "Gradual with Honors" and an M.B.A specializing in Financing, both from the Hebrew University in Jerusalem.
Mr.Yehuda Saban has a deep understanding of the telecommunications field from his term as Manager of the Telecommunications and Tourism Unit in the Budgets Department of the Ministry of Finance, from where he retired in September 2011 and as an active partner in the Hayek Committee that dealt with formulating a policy in the fixed line field.
Forward-Looking Statements
This
press release includes forward-looking statements, as this term is
defined in Section 27A of the US Securities Act of 1933, as amended,
Section 21E of the US Securities Exchange Act of 1934, as amended, and
the safe-harbor provisions of the US Private Securities Litigation
Reform Act of 1995. Words such as “will”, "believe," "anticipate,"
"expect," "intend," "strive," "seek," "plan," "could," "may," "foresee,"
"target," "objective," declensions thereof and similar expressions
typically convey forward-looking statements, but these words are not the
only words that convey these statements. Any statement, other than a
statement of historical fact included in this press release regarding
our future performance, plans to increase revenues or margins or to
sustain or expand the current market share in existing or new markets,
plans to reduce expenses and any other statement regarding a future
event or potential opportunity, is a forward-looking statement.
We
have based these forward-looking statements on our current knowledge and
our present beliefs and projections regarding possible future events.
These forward-looking statements are subject to risks, uncertainties and
assumptions about Partner, about the macro-economic environment, about
consumer habits and preferences when using cellular telephones, trends
in the Israeli communications industry in general, the impact of current
global economic conditions and possible regulatory and legal
developments. In light of these risks, uncertainties and conjectures,
the forward-looking events mentioned in this press release might not
transpire, and actual results may differ materially from the anticipated
results. For further information regarding the above-mentioned risks,
uncertainties and conjectures and other risks we face, please see "Item
3. Key Information - 3D. Risk Factors," "Item 4. Information about the
Company," "Item 5. Operating and Financial Review and Prospects," "Item
8. Financial Information - 8A.Consolidated Financial Statements and
Other Financial Information - 8A.1 Legal and Administrative Proceedings"
and "Item 11. Quantitative and Qualitative Disclosures about Market
Risk" in the Company's Annual Reports on Form 20-F, and the Company’s
other reports on Form 6-K, which were submitted to the United States
Securities Exchange Commission. We undertake no obligation to publicly
update or revise any forward-looking statements, whether as a result of
new information, future events or for any other reason.
About Partner Communications
Partner
Communications Company Ltd. ("Partner") is a leading Israeli provider of
telecommunications services (cellular, fixed-line telephony and internet
services) under the orange™ brand and under the 012 Smile brand.
Partner’s ADSs are quoted on the NASDAQ Global Select Market™ and its
shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
For
more information about Partner:
http://www.orange.co.il/en/Investors-Relations/lobby/.