SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
Report on Form 6-K dated November 18, 2004
Partner
Communications Company Ltd.
(Translation of
Registrants Name Into English)
8 Amal Street
Afeq Industrial Park
Rosh Haayin 48103
Israel
(Address of Principal Executive Offices) |
(Indicateby check mark
whether the registrant files or will file annual reports
under cover of Form 20-F or Form
40-F.)
Form 20-F x Form 40-F o
(Indicate by check mark
whether the registrant by furnishing the
information contained in this Form is also
thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.)
Yes o No x
(If Yes is
marked, indicate below the file number assigned
to the registrant in connection with Rule
12g3-2(b): 82- )
This Form 6-K is incorporated by reference into the Companys Registration Statement on Form F-3 filed with the Securities and Exchange Commission on December 26, 2001 (Registration No. 333-14222).
Enclosure: | Press Release dated November 18, 2004 re: Partner Communications Reports Changes in Regulation Announced by Ministry of Communications |
Partner Communications Reports
Changes in Regulation Announced by
Ministry of
Communications
Rosh Haayin, Israel, November 18, 2004 Partner Communications Company Ltd. (NASDAQ and TASE: PTNR; LSE: PCCD), a leading Israeli mobile communications operator, reported that the Ministry of Communications (MoC) announced in a press release issued today, the following regulatory changes:
1. | Areduction in the rate of interconnect, effective March 1st 2005, from the present NIS 0.45 per minute to NIS 0.32 per minute, and further reductions on March 1st 2006, to NIS 0.29; on March 1st 2007, to NIS 0.26; and on March 1st 2008, to NIS 0.22. |
2. | A reduction in the rate of termination of an SMS from the present rate of NIS 0.285 to NIS 0.05, effective March 1st 2005, and a further reduction on March 1st 2006 to NIS 0.025. |
3. | Billing units will remain at 12 second intervals up until 2008. |
4. | In 2005, the MoC intends to start implementing a process to bring about unification of rates for on-net and off-net calls. The MoC intends to hold preliminary hearings with the cellular operators on this matter in the near future. |
The Company has not yet received formal notification of these changes from the MoC. While the changes announced today are not as severe as those in the original MoC proposal, reported by the Company on July 29, 2004, they will still have a material adverse effect upon the Companys earnings and financial position.
About Partner Communications
Partner Communications Company Ltd. is a leading Israeli mobile communications operator known for its GSM/GPRS based services and the development of wirefree applications under the preferred orange brand. The Company commenced full commercial operations in January 1999 and, through its network, provides quality of service and a range of features to more than 2.2 million subscribers in Israel. Partner subscribers can use roaming services in 149 destinations using 319 GSM networks. The Company was awarded a 3G license in 2002. Partners ADSs are quoted on NASDAQ under the symbol PTNR and on the London Stock Exchange (LSE) under the symbol PCCD. Its shares are quoted on the Tel Aviv Stock Exchange (TASE) under the symbol PTNR. For further information: http://www.investors.partner.co.il
Contact: | ||
Dr. Dan Eldar V.P. Carrier, Investor and International Relations Tel: +972-54-7814151 Fax: +972-54 -7814161 E-mail: dan.eldar@orange.co.il |
Safe Harbor
This release may contain
forward-looking statements, which are made pursuant to the safe harbor provisions of the
United States Private Securities Litigation Reform Act of 1995, as amended to date. These
forward-looking statements involve risks and uncertainties. A number of important factors
could cause actual results to differ materially from those in the forward-looking
statements contained herein. These factors which could cause actual results to differ
materially, are discussed in more detail in Partners filings with the United States
Securities and Exchange Commission (available at www.sec.gov) and other regulatory
agencies.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned, thereunto duly authorized.
Partner Communications Company Ltd. BY: /S/ Alan Gelman Alan Gelman Chief Financial Officer |
Dated: November 18, 2004