PTNR - Partner Communications states Ministry of Communications is satisfied with Bezeq agreement for fiber-optic infrastructure

• Israeli communications operator, Partner Communications Company ( NASDAQ: PTNR ) received a letter from the Ministry of Communications concerning the agreement which was executed between the company and Bezeq ( OTCPK:BZQIF ) regarding the purchase of an indefeasible and irrevocable right of use (IRU) of non-specific fiber optic infrastructure lines in buildings connected to Bezeq's fiber-optic infrastructure.
• Bezeq informed the Ministry of Communications that it intends to reduce the price of single mode fiber optic lines in the BSA fiber service to NIS 72.
• The Ministry is satisfied that the agreement has no risk of creating significant damage to the competition and therefore has no intention of exercising any of its powers in connection with the agreement.

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