Partner Communications Company Ltd. PTNR announces that it was served with a lawsuit and a motion for the recognition of this lawsuit as a class action, filed against Partner on March 6, 2011 in the Central District Court.
The claim alleges that Partner increased tariffs for its business subscribers not in accordance with their agreements.
If the lawsuit is recognized as a class action, the total amount claimed is estimated by the plaintiff to be approximately NIS 140 million.
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.
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