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Partner Communications Company Ltd. (NASDAQ: PTNR) announces the appointment of Mr. Avi Gabbay as CEO, effective June 1, 2022. Previously, Gabbay served as CEO of Cellcom and Bezeq. His appointment follows a recommendation from the Company's Nominating Committee. Gabbay expressed enthusiasm for joining Partner and aims to advance the company for its customers and shareholders. Partner is a leading provider of telecommunications services in Israel, including cellular, fixed-line, internet, and television services.
Partner Communications Company Ltd. (NASDAQ: PTNR) announces Mr. Shlomo Zohar as the new Chairman of the Board, replacing Ms. Osnat Ronen who completed her term on May 17, 2022. Zohar, a director since October 2020, brings extensive experience from his previous roles as Chairman of Israel Discount Bank and B Communications. His leadership is expected to strengthen Partner's direction in the competitive Israeli telecommunications market.
Partner Communications Company Ltd. (NASDAQ: PTNR) announces the resignation of Ms. Osnat Ronen, effective May 17, 2022. Ms. Ronen served as Chairperson of the Board of Directors and a board member. This decision follows a prior report dated April 12, 2022, indicating her intention to resign. Partner, a leading Israeli telecommunications provider, offers various services including cellular, fixed-line telephony, internet, and television. The company's shares are traded on NASDAQ and the Tel Aviv Stock Exchange.
Partner Communications Company Ltd. (NASDAQ: PTNR) announced the release of its financial results for Q1 2022, scheduled for May 24, 2022, at 11:00 a.m. Eastern Time. This follows the previous report on May 3, 2022. The company will host a conference call to discuss the results on the same day. Participants can join via international and North American toll-free numbers or through a live webcast on the company's Investor Relations website. The call will be accessible for replay until June 7, 2022.
Partner Communications Company Ltd. (NASDAQ: PTNR) will announce its financial results for Q1 2022 on May 24, 2022. The company, a major Israeli telecommunications provider, will also host a conference call on the same day at 10:00 a.m. ET to discuss these results. Investors can join the call via international dial-in or toll-free North American numbers. A live webcast will be available on the company's Investor Relations website, with a replay option available until June 7, 2022.
Partner Communications Company Ltd. (NASDAQ: PTNR) has received a notice of a labor dispute from the new general employees union on April 12, 2022. The dispute centers around demands for a collective employment agreement to ensure the rights and job security of employees following the sale of company control to Amphissa Holdings. Employees may initiate organizational actions, including a potential labor strike, starting April 27, 2022. The company is currently unable to assess the potential impact of this notice on its operations.
Partner Communications Company Ltd. (NASDAQ: PTNR) announced the resignation of its Chairperson, Ms. Osnat Ronen, effective at the next annual general meeting. Ronen, who has served on the board for over a decade and as Chairperson for more than two years, highlighted the company's transition from a cellular operator to a comprehensive telecommunications provider. Under her leadership, Partner has made significant infrastructure investments, resulting in a strong balance sheet and continued profitability in both cellular and fixed-line services.
Partner Communications Company Ltd. (NASDAQ: PTNR) announced the resignation of CEO Avi Zvi, with the effective date yet to be determined. Chairperson Osnat Ronen expressed gratitude for Zvi's contributions, highlighting the company's transformation into a service and infrastructure provider focusing on fiber optics. Zvi noted significant achievements during his tenure, including the completion of a sale of the controlling interest in the company. He emphasized the strength of Partner's human capital and technology as keys to success.
On April 7, 2022, Partner Communications Company Ltd. (NASDAQ: PTNR) announced key changes to its Board of Directors. Mr. Shlomo Rodav, an experienced leader with a background in telecommunications, and Ms. Anat Cohen-Specht, an independent director with extensive financial expertise, were appointed alongside Mr. Gideon Kadusi and Mr. Doron Steiger. All members are set to serve until the next Annual General Meeting. These appointments aim to strengthen the board's oversight and strategic direction amidst the evolving telecommunications landscape.
On April 4, 2022, Partner Communications Company Ltd. (NASDAQ: PTNR) completed the sale of 49,862,800 shares, representing approximately 27% of its issued capital, to Amphissa Holdings for USD 300 million. The shares were previously held by S.B. Telecom Ltd. The transaction received approval from the Minister of Communications, allowing institutional investors to exceed previous ownership limits in competing firms. The Phoenix group now holds more than 10% of Partner's control, in line with new regulations, making this a significant shift in the company's ownership structure.
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