Partner Communications Reports Ministry of Communications Decision to Shut Down MRT Networks Operating on Old Technologies

Rhea-AI Summary

Partner Communications Company Ltd. (NASDAQ: PTNR), a prominent Israeli telecom operator, has received a decision from the Ministry of Communications (MOC) regarding the shutdown of 2G and 3G networks by December 31, 2025. Key points include:

• Termination of Old Technology services by 2025.
• Ban on importing devices supporting Old Technologies from January 1, 2022.
• Prohibition on connecting customers to Old Technology equipment starting January 1, 2023.
• Frequency allotments for Old Technologies to transition to advanced technologies by December 31, 2030.

The company is currently assessing the impact of these decisions.

ROSH HA'AYIN, Israel, June 28, 2021 /PRNewswire/ -- Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, reports, following that stated in sections 4B.8-"Our Network" and 4B.12e-x "Hearings and Examinations" of the Company's annual report for 2020 regarding the hearing published by the Ministry of Communications, or MOC, for the shutdown of 2G and 3G networks ("the Old Technologies") by year end 2025, that on June 27, 2021, the decision of the MOC was received which determines, among other things: (a) the termination of Old Technology services on December 31, 2025 (or on an earlier date, at the Company's request, subject to certain conditions); (b) a ban on the import of cellular devices that support the Old Technologies as of January 1, 2022; (c) prohibition of connecting an existing subscriber or a new customer with equipment operating on the Old Technologies (except for security forces equipment) as of January 1, 2023; and (d) setting the frequency allotments that were allocated at the time for the Old Technologies (in the 900, 1800 and 2100 Mhz bands) for usage that will also be allowed with more advanced technologies, until December 31, 2030.

The Company is examining the implications of the Ministry of Communications' decisions.

About Partner Communications
Partner Communications Company Ltd. ("Partner") is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services). Partner's ADSs are quoted on the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).

For more information about Partner see:
http://www.partner.co.il/en/Investors-Relations/lobby/

Contacts:

Mr. Tamir Amar Deputy CEO & Chief Financial Officer Tel: +972-54-781-4951

Mr. Amir Adar Head of Investor Relations & Corporate Projects Tel: +972-54-781-5051 Email: investors@partner.co.il

 

View original content:https://www.prnewswire.com/news-releases/partner-communications-reports-ministry-of-communications-decision-to-shut-down-mrt-networks-operating-on-old-technologies-301321243.html

SOURCE Partner Communications Company Ltd.

FAQ

What is the significance of the MOC's decision for Partner Communications (PTNR)?

The MOC's decision indicates a scheduled shutdown of 2G and 3G networks by December 31, 2025, impacting Partner's service offerings.

When will the ban on importing devices for Old Technologies take effect for PTNR?

The ban on importing cellular devices that support Old Technologies will take effect on January 1, 2022.

What changes will occur for customers of Partner Communications starting January 1, 2023?

From January 1, 2023, existing and new customers will be prohibited from using equipment that operates on Old Technologies, except for security forces.

How long will the frequency allotments for Old Technologies remain in use?

The frequency allotments for the Old Technologies will be available for more advanced technologies until December 31, 2030.

What is Partner Communications' response to the MOC's decisions?

Partner Communications is examining the implications of the MOC's decision on its business operations.