TMCnet News
Partner Communications Announces Receiving Two Lawsuits and Motions for the Recognition of These Lawsuits as Class Actions Filed against the Company and against 012 SmilePartner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ:PTNR) (TASE:PTNR), a leading Israeli communications operator, announces that the Company received two lawsuits and motions for the recognition of these lawsuits as class actions that were filed against the Company and its fully owned subsidiary, 012 Smile Telecom Ltd. ("012 Smile"), in the Jerusalem District Court on November 12, 2015.
The claims allege that Partner and 012 Smile required their customers to
purchase a router and/or a call adaptor and/or terminal equipment
as a condition for using their fixed-line telephony services, not in
accordance with the provisions of their licenses. If the claim filed against 012 Smile is recognized as a class action, the total amount claimed against 012 Smile is estimated by the plaintiff to be approximately NIS 64 million. Partner and 012 Smile are reviewing and assessing the lawsuits and are 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. 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).
View source version on businesswire.com: http://www.businesswire.com/news/home/20151130005575/en/ |
