Partner's Shares Begin Trading on The Tel Aviv Stock Exchange.Business Editors/High-Tech Writers ROSH HA'AYIN, Israel--(BUSINESS WIRE)--July 3, 2001 Partner Communications Company Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on and TASE TASE Tel Aviv Stock Exchange TASE The All Seeing Eye TASE Tactical Air Support Element TASE Thrust Assessment Support Environment TASE Telecontrol Application Service Elements (IEC communications protocol) : PTNR, London: PCCD) today announced that the Company's shares began trading on the Tel Aviv Stock Exchange Tel Aviv Stock Exchange Israel's only stock exchange. (TASE). The TASE announced that Partner would be included in the Tel Aviv 25 Index (TA 25) and the Tel Aviv 100 Index (TA 100), effective August 1st, 2001. The TA 25 and TA 100 Indexes are composed of the largest companies on the TASE, ranked by market capitalization. The listing on the Tel Aviv Stock Exchange provides access to additional Israeli institutional investors that are currently restricted from trading on foreign exchanges as well as Israeli retail investors and foreign investors who trade on the TASE. Additional advantages include a continuous trading day of 14 hours (from 9:45 a.m. to 11 p.m. Israeli local time (ILT ILT infectious laryngotracheitis. ) as well as efficient, low-cost order execution on the fully automated Tel Aviv Continuous Trading (TACT) system. Partner Communications Company Ltd. is the only Global System for Mobile Communications (communications) Global System for Mobile Communications - (GSM, originally "Groupe de travail Sp?ciale pour les services Mobiles") One of the major standards for digital cellular communications, in use in over 60 countries and serving over one billion subscribers. , or GSM, mobile telephone network operator in Israel. The Company commenced full commercial operations in January 1999 under the international Orange Brand name and, through its network, provides quality of service and a range of features to over a million subscribers in Israel. Partner subscribers can use roaming services in 80 countries using 208 GSM networks. The Company shares are quoted as American Depositary Shares (ADS) on NASDAQ under the symbol PTNR and on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. under the symbol PCCD. |
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