Partner loses appeal against termination rate cuts

Israeli operator Partner Communications said it's appeal against the cut in interconnection rates was rejected. The petition filed in November 2010 with the Supreme Court of Justice against the Ministry of Communications' decision to reduce interconnect tariffs was dismissed with prejudice with the company's consent. Further details of the case were not disclosed. Partner, which operates under the Orange name in Israel, previously said it expects to lose an estimated ILS 30-40 million per month on the company's EBITDA and about ILS 20-30 million in net income due to the tariff cuts.