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Partner Communications Announces the Recognition of a Lawsuit Against its Subsidiary as A Class Action

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Partner Communications Company Ltd.

18 Jan, 2021, 10:03 IST

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ROSH HA'AYIN, Israel, Jan. 18, 2021 /PRNewswire/ -- Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ: PTNR) and (TASE: PTNR), a leading Israeli communications operator, announces that on January 15, 2021, the Lod-Central District Court ruled to recognize the lawsuit against a subsidiary of the Company, 012 Smile Telecom Ltd. ("012 Smile"), as a class action, which concerns the claim that 012 Smile sold to its customers data browsing packages at a specified speed, which is not possible for them to achieve since the infrastructure does not support this speed. A similar decision was also given in a lawsuit against a competing company. The causes of action for which the motion was approved are, among others, misleading acts and breach of contract.

012 Smile is studying the decision and will treat it in accordance with the dates set by law.

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

 

Mr. Amir Adar

Head of Investor Relations & Corporate Projects

Tel: +972-54-781-5051

Email: [email protected]

SOURCE Partner Communications Company Ltd.

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