Partner Communications Announces the Receipt of a Temporary Allocation of Spectrum Bands in The 700 MHz Frequency Band
Partner Communications Company Ltd. - American Depositary Shares, each representing one ordinary share (PTNR)
US:NASDAQ Investor Relations:
partner.co.il/ir-en
Company Research
Source: Business Wire
ROSH HA'AYIN, Israel--(BUSINESS WIRE)-- Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, reports, that the Ministry of Communications has temporarily allocated to the Company spectrum bands in the 700 MHz frequency band for the use of advanced LTE technologies, subject to the Company's commitment to comply with all the terms of the temporary allocation ("Temporary Allocation"). The Temporary Allocation will enable the Company to prepare for use of the 700 MHz frequency band, for the provision of advanced MRT services and to streamline the adaptation of the relevant technology. In addition, the said use will enable the Company to improve the quality and coverage of the cellular service it provides to its subscribers. The Temporary Allocation shall expire in one of the following circumstances: (i) 60 days after the
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