{"id":383624,"date":"2020-11-18T02:07:35","date_gmt":"2020-11-18T07:07:35","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383624"},"modified":"2020-11-18T02:07:35","modified_gmt":"2020-11-18T07:07:35","slug":"partner-communications-is-considering-a-possible-transaction-in-the-fiber-optics-field","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/partner-communications-is-considering-a-possible-transaction-in-the-fiber-optics-field\/","title":{"rendered":"Partner Communications Is Considering A Possible Transaction In The Fiber Optics Field"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">ROSH HA&#8217;AYIN, Israel<\/span>, <span class=\"xn-chron\">Nov. 18, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0<i><b>Partner Communications Company Ltd. (&#8220;Partner&#8221; or the &#8220;Company&#8221;) (NASDAQ and TASE: PTNR), a leading Israeli communications operator,<\/b>\u00a0<\/i>announces\u00a0that, following inquiries received from a number of potential investors, it is considering the possibility\u00a0to solicit offers from a potential partner or partners to acquire up to 20% of the rights to use the Company&#8217;s existing and future fiber optic network for services to private households. These rights will be transferred from the Company to a newly-formed partnership, and the Company will then sell up to a 20% stake in this new entity. <\/p>\n<div id=\"prni_dvprnejpg7843left\" dir=\"ltr\">\n        <img decoding=\"async\" id=\"prnejpg7843left\" title=\"Partner Communications logo (PRNewsfoto\/Partner Communications)\" border=\"0\" alt=\"Partner Communications logo (PRNewsfoto\/Partner Communications)\" align=\"middle\" src=\"https:\/\/mma.prnewswire.com\/media\/1334689\/Partner_Communications_Logo.jpg\" \/>\n      <\/div>\n<p>\n        <i>It should be emphasized that there is no certainty that such a transaction will be executed and\/or will receive the required approvals for its completion.<\/i>\n      <\/p>\n<p>\n        <i><br \/>\n          <u><br \/>\n            <b>Forward-Looking Statements<\/b><br \/>\n            <br \/>\n          <\/u><br \/>\n        <\/i><br \/>\n        <i>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 &#8220;estimate&#8221;, &#8220;believe&#8221;, &#8220;anticipate&#8221;, &#8220;expect&#8221;, &#8220;intend&#8221;, &#8220;seek&#8221;, &#8220;will&#8221;, &#8220;plan&#8221;, &#8220;could&#8221;, &#8220;may&#8221;, &#8220;project&#8221;, &#8220;goal&#8221;, &#8220;target&#8221; and similar expressions often identify forward-looking statements but are not the only way we identify these statements. <\/i><br \/>\n        <i>We have based these forward-looking statements on our current knowledge and our present beliefs and projections regarding possible future events. <\/i><br \/>\n        <i>These forward-looking statements include<\/i><br \/>\n        <i>\u00a0the Company&#8217;s expectation regarding the consideration of a potential transaction in which the Company will sell a certain percentage of a legal entity to which the Company will transfer the right of use for &#8216;home connected&#8217; in the Company&#8217;s existing and future independent fiber optic network. These forward-looking statements are subject to risks, uncertainties and assumptions about Partner and its operations, including the Company&#8217;s ability to complete such potential transaction under the desired market conditions and the current and future regulatory conditions, subject to possible economic, regulatory, legal and other developments. In light of these risks, uncertainties, assumptions and future developments, the forward-looking events discussed in this press release might not occur, and actual results may differ materially from the results anticipated. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.<\/i><br \/>\n        <i>\u00a0<\/i>\n      <\/p>\n<p>\n        <u><br \/>\n          <b>About Partner Communications<br \/><\/b><br \/>\n        <\/u>Partner Communications Company Ltd. (&#8220;Partner&#8221;) is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services). Partner&#8217;s ADSs are quoted on the NASDAQ Global Select Market\u2122 and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR)<span>.<\/span><\/p>\n<p>For more information about Partner see: <br \/><a target=\"_blank\" href=\"http:\/\/www.partner.co.il\/en\/Investors-Relations\/lobby\/\" rel=\"nofollow noopener noreferrer\">http:\/\/www.partner.co.il\/en\/Investors-Relations\/lobby\/<\/a><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Contacts:<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Mr. Tamir Amar<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Chief Financial Officer<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Tel: +972-54-781-4951<\/span>\n              <\/p>\n<p class=\"prnews_p\">\u00a0<\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Amir Adar<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Head of Investor Relations and Corporate Projects <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Tel: +972-54-781-5051<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">E-mail: <a target=\"_blank\" href=\"mailto:investors@partner.co.il\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">investors@partner.co.il<\/a><\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN95305&amp;sd=2020-11-18\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/partner-communications-is-considering-a-possible-transaction-in-the-fiber-optics-field-301175614.html\">http:\/\/www.prnewswire.com\/news-releases\/partner-communications-is-considering-a-possible-transaction-in-the-fiber-optics-field-301175614.html<\/a><\/p>\n<p>SOURCE  Partner Communications Company Ltd.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LN95305&amp;Transmission_Id=202011180204PR_NEWS_USPR_____LN95305&amp;DateId=20201118\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ROSH HA&#8217;AYIN, Israel, Nov. 18, 2020 \/PRNewswire\/ &#8212;\u00a0Partner Communications Company Ltd. (&#8220;Partner&#8221; or the &#8220;Company&#8221;) (NASDAQ and TASE: PTNR), a leading Israeli communications operator,\u00a0announces\u00a0that, following inquiries received from a number of potential investors, it is considering the possibility\u00a0to solicit offers from a potential partner or partners to acquire up to 20% of the rights to use the Company&#8217;s existing and future fiber optic network for services to private households. These rights will be transferred from the Company to a newly-formed partnership, and the Company will then sell up to a 20% stake in this new entity. It should be emphasized that there is no certainty that such a transaction will be executed and\/or will receive the required approvals &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/partner-communications-is-considering-a-possible-transaction-in-the-fiber-optics-field\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Partner Communications Is Considering A Possible Transaction In The Fiber Optics Field&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-383624","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Partner Communications Is Considering A Possible Transaction In The Fiber Optics Field - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/partner-communications-is-considering-a-possible-transaction-in-the-fiber-optics-field\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Partner Communications Is Considering A Possible Transaction In The Fiber Optics Field - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ROSH HA&#8217;AYIN, Israel, Nov. 18, 2020 \/PRNewswire\/ &#8212;\u00a0Partner Communications Company Ltd. (&#8220;Partner&#8221; or the &#8220;Company&#8221;) (NASDAQ and TASE: PTNR), a leading Israeli communications operator,\u00a0announces\u00a0that, following inquiries received from a number of potential investors, it is considering the possibility\u00a0to solicit offers from a potential partner or partners to acquire up to 20% of the rights to use the Company&#8217;s existing and future fiber optic network for services to private households. These rights will be transferred from the Company to a newly-formed partnership, and the Company will then sell up to a 20% stake in this new entity. 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(&#8220;Partner&#8221; or the &#8220;Company&#8221;) (NASDAQ and TASE: PTNR), a leading Israeli communications operator,\u00a0announces\u00a0that, following inquiries received from a number of potential investors, it is considering the possibility\u00a0to solicit offers from a potential partner or partners to acquire up to 20% of the rights to use the Company&#8217;s existing and future fiber optic network for services to private households. These rights will be transferred from the Company to a newly-formed partnership, and the Company will then sell up to a 20% stake in this new entity. 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