PETACH TIKVA, Israel, May 4 /PRNewswire-FirstCall/ -- 012 Smile.Communications , a growth-oriented provider of communication services in Israel, today announced that the company received a monetary claim and an application for permission to file it as a class action lawsuit against it, as well as against Netvision 013 Baraq Ltd.
The claim was filed in the Petach Tikva District Court by a citizen of the Philippines who is employed in Israel, and who claims to have used the international calling cards of two international telephony companies to call abroad. The purported plaintiff claims that the two international telephony companies improperly calculated the length of the international calls in whole-minutes units rather than in one-second units. The purported plaintiff also alleges that he and others were over charged due to a longer call duration calculation than the actual duration of the calls and that he and others were not informed about the per-minute calculation policy.
The purported plaintiff seeks court permission to file the claim as a class action lawsuit by virtue of Israel's Class Actions Law on behalf of groups of persons that include anyone who purchased calling cards distributed by one of the two international telephony companies during the seven year period prior to filing the claim or during the term of the proceedings. The purported plaintiff has alleged that the damages caused to all members of the purported class by both companies total approximately NIS 158 million.
The company has not had an opportunity to review the claims with its counsel and is unable to provide any comments at this time.
About 012 Smile.Communications
012 Smile.Communications is a growth-oriented communication services provider in Israel with a leading market position, offering a wide range of broadband and traditional voice services. Its broadband services include broadband Internet access with a suite of value-added services, specialized data services and server hosting, as well as new innovative services such as local telephony via voice over broadband and a WiFi network of hotspots across Israel. Traditional voice services include outgoing and incoming international telephony, hubbing, roaming and signaling and calling card services. 012 Smile.Communications services residential and business customers, as well as Israeli cellular operators and international communication services providers through its integrated multipurpose network, which allows it to provide services to almost all of the homes and businesses in Israel.
012 Smile is a 72.4 % owned subsidiary of Internet Gold Golden Lines Ltd. one of Israel's leading communications groups with a major presence across all Internet-related sectors. In addition to 012 Smile, its 100% owned Smile.Media subsidiary manages a growing portfolio of Internet portals and e-Commerce sites. Internet Gold and 012 Smile are part of the Eurocom Communications Group. 012 Smile's shares trade on the NASDAQ Global Market and on the Tel Aviv Stock Exchange.
For additional information about 012 Smile.Communications Ltd., please visit the Company's investors' site at http://www.012.net/.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in the regulatory and legal compliance environments, the failure to manage growth and other risks detailed from time to time in 012 Smile.Communications' filings with the Securities Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.
For further information, please contact:
Ms. Idit Azulay
012 Smile.Communications Ltd
+972-72-2003848
