Partner Communications Company Ltd. ("Partner" or "the Company")
(Nasdaq:PTNR) (TASE:PTNR), a leading Israeli communications operator, announces
that Standard & Poor's Maalot ("S&P Maalot"),
reported that it has removed the Company's rating from CreditWatch with
negative implications and reaffirmed the company's 'ilAA-' credit
rating, negative outlook.
For further information see S&P Maalot's full Report dated December 6,
2012 on: http://www.maalot.co.il/publications/495/OTRPar20121206150350.pdf
or its informal English translation attached to our Form 6-k to be
furnished to the Securities and Exchange Commission later on today.
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.
About Partner CommunicationsPartner
Communications Company Ltd. ("Partner") is a leading Israeli provider of
telecommunications services (cellular, fixed-line telephony and internet
services) under the orange™ brand. The Company provides mobile
communications services to over 3 million subscribers in Israel.
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).
Partner is an approximately 45%-owned subsidiary of Scailex Corporation
Ltd. ("Scailex"). Scailex's shares are traded on the Tel Aviv Stock
Exchange under the symbol SCIX and are quoted on "Pink Quote" under the
symbol SCIXF.PK. Scailex currently operates in two major domains of
activity in addition to its holding in Partner: (1) the sole import,
distribution and maintenance of Samsung mobile handset and accessories
products primarily to the major cellular operators in Israel (2)
management of its financial assets.For more information about
Scailex, see http://www.scailex.com.For
more information about Partner, see http://www.orange.co.il/investor_site
About 012 Smile Telecom Ltd.012
Smile is a wholly owned subsidiary of Partner Communications which
provides international long distance services, internet services and
local telecommunication fixed-line services (including telephony
services using VOB) under the 012 Smile brand. The completion of the
purchase of 012 Smile by Partner Communications took place on March 3,
2011. For further details see the press release dated March 3, 2011.
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