Partner Communications Announces Results of Frequencies Tender Published by the Ministry of Communications
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 (“MoC”) has informed the Company of the results of the frequencies tender published by the MoC and the placement of 10 MHz in the 700 MHz frequency band, 20 MHz in the 2600 MHz frequency band and 100 MHz in the 3500 MHz frequency band to the Company and HOT Mobile Ltd. ("HOT Mobile"), at a total price of NIS 62,380,000 million which shall be paid equally by the Company and HOT Mobile. Partner operates a joint radio network with Hot Mobile., through the joint venture P.H.I. Networks (2015) LP, in accordance with the network sharing agreement between the two companies.For further details, please see the Company's press release and immediate report (on Form 6-K) dated July 17, 2019 at https://maya.tase.co.il/reports/details/1242115/2/0 or https://www.sec.gov/Archives/edg
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