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Stock Market & Financial Investment News

News Breaks
January 10, 2013
09:31 EDTPTNRPartner Communications downgraded to Neutral from Buy at UBS
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April 20, 2015
08:53 EDTPTNRPartner Communications says MOC approves network sharing agreement
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April 9, 2015
05:31 EDTPTNRPartner Communications announces amendment to Brand License Agreement
Partner Communications announces that it has entered with Orange Brand Services Limited into an amendment regarding the Brand Licence Agreement for the use of the Orange brand in Israel. The Amendment is effective as of March 31, 2015. Under the Amendment, the BLA will terminate after a period of ten years commencing on April 1, 2015, unless extended by agreement between the parties, negotiated in good faith. The Amendment also addresses royalties payable by Partner to Orange and provides that the royalty rate which was applicable during the past three years will be maintained during the next four years, subject to certain conditions set in the Amendment. Following March 31, 2019, the Amendment provides for the royalty rate to increase. However, the Amendment does not change Partnerís right to terminate the BLA at any time upon six months advanced notice.

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