Partner workers oppose merger with Hot: "slap in the face of Israeli consumer"

Prof. Yaron Zelicha: "Hot and Partner merger is a slap in the face of Israeli consumerism and a return to the years before cellular reform; consumers and employees cannot pay the price of piggyback capitalism." Keren Ofek, Chairman of the Partner Employees Committee: "We will not promote merger without ensuring our job security"

Prof. Yaron Zelicha (Photo: Niv Aharonson)

Professor Yaron Zelika demonstrates against the gas outline in Tel Aviv, November 2015 (Photo: Niv Aharonson)

Partner Committee prepares for merger with Hot: The committee has hired the services of Prof. Yaron Zelicha, who serves as the economic advisor to the Histadrut, as well as advising Pelephone employees on a new collective bargaining agreement between the Bezeq Group's subsidiaries.

Last week, Hot submitted a proposal to Partner's board for a merger of NIS 3 billion. Hot wants to acquire full ownership of Partner and delete it from stock exchange trading. The proposal is currently being considered by Partner's Board of Directors and is expected to lead to the establishment of a significant and strong communications group in the market. The deal will be promoted in the event that the Competition Authority does not object to it.

Karen Ofek, chairman of Partner Employees, said that "no significant business move like a merger will be promoted without the consent of the Employee Committee and ensuring our employment security. The proposal that is currently on the agenda is dangerous in both economic and competitive terms and of course in terms of employees. Just for moments like these, we took our destiny in our hands and set it up to Partner. We are here to keep the employees and also the company we love and believe in and we have been full partners in establishing. "

Speaking to Prof. Zelicha, Ofek said, "Taking care of the employees also recruits the best professionals, who will help us navigate the ship in a turbulent and dynamic market and achieve the best results for the company's employees. I have no doubt that Prof. Zelichah is the right man in the right place, and with him We will be prepared for every move and scenario. "
"The merger - a slap in the face for the Israeli consumer"

Prof. Zelichka also addressed recent media outlets, saying that "the idea of ​​folly merging Hot with Partner is a slap in the face of Israeli consumerism and a return to the years before cellular reform. Resist the merger. We will do everything we can to stop the creation of a new monopoly in the cellular market. "

Zelichka also says that "it is clear to us that the merger will endanger hundreds of jobs in Partner, Hot and Hot Mobil, and we will not allow consumers and employees to pay the price of pig capital's capitalism."

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