Partner Communications Company Ltd. ("Partner" or "the Company")
(NASDAQ:PTNR)(TASE:PTNR), a leading Israeli mobile communications
operator, announced that it was served on April 22, 2009 with
a lawsuit requesting certification as a class action, filed against
Partner in the District Court of Tel-Aviv. The claim alleges that
Partner charges certain subscribers for certain calls not according to
their rate plan.
If the lawsuit is certified as a class action, the total amount claimed
from Partner is estimated by the Plaintiffs to be approximately
186,732,000 NIS.
Partner is reviewing and assessing the lawsuit and at this preliminary
stage is unable to evaluate the probability of success of the lawsuit or
the range of potential exposure, if any, with any degree of certainty.
Forward-Looking Statements
This 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 statements.
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, the macro economic
environment, consumer habits and preferences in cellular telephone
usage, trends in the Israeli telecommunications industry in general 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" and "Item 8A. - Consolidated Financial Statements
and Other Financial Information - Legal and Administrative Proceedings"
in the form 20-F filed with the SEC on May 6, 2008.
