Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, announces that the Company received a lawsuit and a motion for the recognition of this lawsuit as a class action, filed against Partner and against another cellular operator in the Central District Court on October 24, 2017.
The claim alleges that Partner and the additional cellular operator unlawfully use the location data of their customers and thereby breached legal provisions, the engagement agreements with their customers and their licenses.
If the claim filed against Partner is recognized as a class action, the total amount claimed against Partner is estimated by the plaintiffs to be approximately NIS 1 billion.
Partner is reviewing and assessing the lawsuit and is unable at this preliminary stage, to evaluate, with any degree of certainty, the probability of success of the lawsuit or the range of potential exposure, if any.
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 Marketâ„¢ 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/
View source version on businesswire.com: http://www.businesswire.com/news/home/20171030005453/en/
Contacts:
Mr. David (Dudu) Mizrahi, Tel:
+972-54-781-4951
Chief Financial Officer
or
Ms. Liat
Glazer Shaft, Tel: +972-54-781-5051
Head of Investor Relations
& Corporate Projects
E-mail: investors@partner.co.il