MoC to investigate Partner’s new shareholder

23 Dec 2005

According to Israeli daily newspaper Haaretz, the Israeli Ministry of Communications (MoC) is planning to ‘investigate’ the implications of Egyptian telco Orascom buying a 20% stake in Hutchison Telecommunications International Limited (HTIL). HTIL is the 52% owner of Partner Communications. According to the report, Partner’s operating licence contains a number of restrictions on its ownership, which need to be scrutinised.