|[November 29, 2012]
Partner Communications Reports That Its Controlling Shareholder Filed an Immediate Report
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 its controlling shareholder, Scailex
Corporation Ltd. ("Scailex"), filed today an immediate
For Scailex's full immediate report, see: http://maya.tase.co.il/bursa/report.asp report_cd=778714
or its informal English translation attached to our immediate report on
Form 6-K to be furnished to the Securities and Exchange Commission today.
press release includes forward-looking statements within the meaning of
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 "believe", "anticipate", "expect", "intend", "seek",
"will", "plan", "could", "may", "project", "goal", "target" and similar
expressions often identify forward-looking statements but are not the
only way we identify these statements. All statements other than
statements of historical fact included in this press release regarding
our future performance, plans to increase revenues or margins or
preserve or expand market share in existing or new markets, reduce
expenses and any statements regarding other future events or our future
prospects, are forward-looking statments.
We have based these
forward-looking statements on our current knowledge and our present
beliefs and expectations regarding possible future events. These
forward-looking statements are subject to risks, uncertainties and
assumptions about Partner, consumer habits and preferences in cellular
telephone usage, trends in the Israeli telecommunications industry in
general, the impact of current global economic conditions and possible
regulatory and legal developments. For a description of some of the
risks we face, see "Item 3D. Key Information - Risk Factors", "Item 4. -
Information on the Company", "Item 5. - Operating and Financial Review
and Prospects", "Item 8A. - Consolidated Financial Statements and Other
Financial Information - Legal and Administrative Proceedings" and "Item
11. - Quantitative and Qualitative Disclosures about Market Risk" in the
Company's 2011 Annual Report (20-F) filed with the SEC (News - Alert) on March 22,
2012, as amended on March 26, 2012. In light of these risks,
uncertainties and assumptions, the forward-looking events discussed in
this press release might not occur, and actual results may differ
materially from the results anticipated. We undertake no obligation to
publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
About Partner Communications
Communications Company Ltd. ("Partner") is a leading Israeli provider of
telecommunications services (cellular, fixed-line telephony and internet
services) under the orange™ brand. The Company provides mobile
communications services to over 3 million subscribers in Israel.
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).
Partner is an approximately 45%-owned subsidiary of Scailex Corporation
Ltd. ("Scailex"). Scailex's shares are traded on the Tel Aviv Stock
Exchange under the symbol SCIX and are quoted on "Pink Quote" under the
symbol SCIXF.PK. Scailex currently operates in two major domains of
activity in addition to its holding in Partner: (1) the sole import,
distribution and maintenance of Samsung (News - Alert) mobile handset and accessories
products primarily to the major cellular operators in Israel (2)
management of its financial assets.
For more information about
Scailex, see http://www.scailex.com.
more information about Partner, see http://www.orange.co.il/investor_site
About 012 Smile Telecom Ltd.
Smile is a wholly owned subsidiary of Partner Communications which
provides international long distance services, internet services and
local telecommunication fixed-line services (including telephony
services using VOB) under the 012 Smile brand. The completion of the
purchase of 012 Smile by Partner Communications took place on March 3,
2011. For further details see the press release dated March 3, 2011.
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