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Partner Communications Announces the Recognition of a Representative Labor Union of the Company's EmployeesROSH HA'AYIN, Israel --(Business Wire)-- Partner Communications Company Ltd. ("Partner" or "the Company") (NASDAQ:PTNR) (TASE:PTNR), a leading Israeli mobile communications operator, announces today, following the Company's press release and immediate report dated June 25, 2014, that it has recognized the new general labor organization - the Histadrut, as the representative labor union of the Company's employees. For further information, please see the Company's press release and immediate report (on Form 6-K) dated June 25, 2014, at: http://maya.tase.co.il/bursa/report.asp?report_cd=905662 or http://www.sec.gov/Archives/edgar/data/1096691/000117891314002149/zk1415158.htm and the Company's 2013 Annual Report on Form 20-F - "Item 3 Key Information - 3D. Risk Factors - 3D.2 RISKS RELATING TO OUR BUSINESS OPERATIONS - 3D.2d - In the event our employees are unionized, management's flexibility to adapt operations to market conditions may be reduced, and our operating expenses may be increase, which could adversely impact our results" and "Item 6 DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES - 6D. Employees".
Forward-Looking Statements We have based these forward-looking statements on our current knowledge and our present beliefs and expectations regarding possible future events. These forward-looking statements are subject to risks, uncertainties and assumptions about Partner, consumer habits and preferences in cellular telephone usage, trends in the Israeli telecommunications industry in general, the impact of current global economic conditions and possible regulatory and legal developments. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and actual results may differ materially from the results anticipated. For further information regarding the above-mentioned risks, uncertainties and assumptions and other risks we face, see "Item 3. Key Information - 3D. Risk Factors", "Item 4. Information on the Company", "Item 5. Operating and Financial Review and Prospects", "Item 8. Financial Information - 8A. Consolidated Financial Statements and Other Financial Information - 8A.1 Legal and Administrative Proceedings" and "Item 11. Quantitative and Qualitative Disclosures about Market Risk" in the Company's Annual Reports on Form 20-F filed with the SEC (News - Alert), as well as its current reports on Form 6-K furnished to the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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