-

Partner Communications Announces Receiving Lawsuits and Motions for the Recognition of These Lawsuits as Class Actions

ROSH HA'AYIN, Israel--(BUSINESS WIRE)--Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, announces that the Company received 2 lawsuits and a motion for the recognition of these lawsuits as class actions (the "Motions"), filed against Partner and its subsidiaries (together the "Respondents") in the Tel Aviv-Jaffa District Court on November 2, 2020.

In the motions it was allegedly claimed that the Respondents charged the customers a fee for an internet access service provider service (the "Service") after they began receiving this service from another company and that the Respondents did not provide the Service in return for the payment.

The total amount claimed in each of the Motions was not stated by the applicants, but was estimated by the applicants in each of the Motions to be at least tens of millions of NIS.

Requests for recognition of lawsuits as class actions on similar grounds have been recently filed against other telecommunication companies.

Partner is reviewing the Motions and is unable at this preliminary stage, to evaluate, with any degree of certainty, the probability of success of the lawsuits or the range of potential exposure, if any.

About Partner Communications

Partner Communications Company Ltd. ("Partner") is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services). 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 see: http://www.partner.co.il/en/Investors-Relations/lobby/

Contacts

Mr. Tamir Amar
Chief Financial Officer
Tel: +972-54-781-4951

Partner Communications Company Ltd.

NASDAQ:PTNR

Release Versions

Contacts

Mr. Tamir Amar
Chief Financial Officer
Tel: +972-54-781-4951

More News From Partner Communications Company Ltd.

Partner Communications to Release Third Quarter 2020 Results on November 25, 2020

ROSH HA'AYIN, Israel--(BUSINESS WIRE)--Partner Communications Company Ltd. ("Partner" or "the Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, announced today that the Company's financial results for the quarter ended September 30, 2020 will be released on Wednesday, November 25, 2020. The Company will host a conference call to discuss its financial results on Wednesday, November 25, 2020 at 10.00 a.m. Eastern Time / 5.00 p.m. Israel Time. Please dial the following...

Partner Communications Announces the Results of the Annual General Meeting of Shareholders

ROSH HA’AYIN, Israel--(BUSINESS WIRE)--Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, announces the results of the Annual General Meeting of Shareholders (the "AGM”), that was held today, at Partner's offices in Rosh Ha'ayin, Israel. The AGM resolutions with respect to the items set forth in the Company's proxy statement, dated August 20, 2020, that was sent in connection with the AGM (the "Proxy Statement"),...

Partner Communications Reports the Interest Rate for the Series D Notes for the Period Commencing on October 1, 2020 and Ending on December 30, 2020

ROSH HA'AYIN, Israel--(BUSINESS WIRE)--Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, reports, pursuant to the Company's Shelf Prospectus dated September 3, 2009, as amended to date, and the Supplemental Shelf Offering Report dated April 15, 2010, as amended to date (the "Offering Report"), that the Company's Series D Notes will bear interest at a rate of 0.313% for the period commencing on October 1, 2020 and...
Back to Newsroom