Partner Communications Company Ltd. ("Partner" or "the Company")
PTNR PTNR, a leading Israeli communications operator, announces
that it received a notice from Mr. Ilan Ben-Dov, who serves as a
director in the Company on behalf of Scailex Corporation Ltd. ("Scailex"),
with respect to his resignation from the Company's Board of Directors,
effective June 29, 2014. Mr. Ben-Dov stated in his notice that the
background to his resignation is the recent developments at Scailex and
what he defined, as severe technical problems regarding the Galaxy 4
handset.
Mr. Ben-Dov's statement reflects his personal view and
does not reflect the view or opinion of the Company.
Forward-looking statements
This
press release contains 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 "estimates", "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
anticipated benefits for the Company in terms of reduced network
operating costs and accelerated improvements in its cellular network
infrastructure quality and capacity as a result of entering into the
network sharing agreement with Hot Mobile and any statements regarding
other future events or our future prospects, are forward-looking
statements. These forward-looking statements are based on management's
current beliefs and expectations, and are not guarantees of future
performance. Future results may differ materially from those anticipated
by these forward-looking statements in the event that, among other
potential risks, credit or payment difficulties which will make it
difficult for any of the parties to contribute effectively to the
financing of the JV; the elimination of network sites results in lower
operational savings than expected; other Israeli authorities do not
approve the network sharing agreement or require changes which would
render the agreement unattractive from the Company's perspective; the JV
experiences management deadlock; or the parties' existing agreements
with other Israeli telecommunications companies limit the parties'
ability to realize their objectives. If such risks materialize, it may
not be possible to establish the JV as the parties intend or at all, the
benefits from the JV may be less than anticipated, and the Company may
experience unexpected costs for technical, legal or other matters which
may arise in connection with its efforts to implement the network
sharing agreement. For a description of other risks potentially
impacting the Company's business and strategic development, see the
Company's Annual Report on Form 20-F filed with the SEC and published
on the Company's website (http://www.orange.co.il).
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 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, see: www.orange.co.il/en/Investors-Relations/lobby/
Partner Communications Company Ltd.
Mr. Ziv Leitman, Tel:
+972-54-781-4951
Chief Financial Officer
or
Ms. Elana
Holzman, Tel: +972-54-781-4383
Head of Investor Relations
E-mail:
investors@orange.co.il
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