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Last updated on April 18, 2014 at 1:21 EDT

Latest Cellcom Israel Ltd. Stories

2014-04-16 04:23:01

NETANYA, Israel, April 16, 2014 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company"), announced today that it selected Nokia Solutions and Networks, a worldwide leading network manufacturer, for the supply of its 4G network. The Company intends to commence a rapid deployment of the network, which also supports LTE Advanced technology (4.5 generation), immediately and expects to achieve a wide and high quality deployment of the network by the end of...

2014-04-06 12:20:30

NETANYA, Israel, April 6, 2014 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company"), announced today that following its previous reports in relation to the Israeli court's approval of a creditors' arrangement for IDB Holding Corporation Ltd., the Company received today the Ministry of Communications' approval for the indirect control in the Company by the Elzstain - Extra group, led by Mr. Eduardo Elzstain and Mr. Mordechai Ben Moshe. Such change...

2014-04-02 08:39:00

NETANYA, Israel, April 2, 2014 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced that further to the Company's report dated November 2011 regarding a purported class action filed against the Company alleging that the Company raised tariffs for business customers unlawfully and in violation of its agreements with them, the purported class action was dismissed with prejudice. The total amount claimed from the...

2014-03-06 04:24:19

2013 results reflect the continued impact of the heightened competition in the cellular market NETANYA, Israel, March 6, 2014 /PRNewswire/ -- 2013 FULL YEAR HIGHLIGHTS (compared to 2012): -- Free cash flow increased by 7.1% to NIS 1,210 million ($349 million) -- Total Revenues decreased 17% to NIS 4,927 million ($1,419 million) -- Service revenues decreased 13% to NIS 3,985 million ($1,148 million) -- EBITDA(1) decreased 23.8% to NIS 1,335 million ($385 million) --...

2014-02-18 04:21:45

Conference Call Scheduled for March 6, 2014 at 10:00 ET NETANYA, Israel, February 18, 2014 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company"), announced today that it will be releasing its financial results for the fourth quarter and full year ended December 31, 2013 on Thursday, March 6, 2014, before the US markets open. The Company will be hosting a conference call at 10:00 am ET (7:00 am PT, 15:00 UK time, 17:00 Israel time). On...

2014-02-03 04:23:00

NETANYA, Israel, February 3, 2014 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that the supreme Court annulled the previously reported District Court judgment from December 2011 against the Company in a class action, and approved a settlement agreement according to which the Company shall repay the sum of approximately NIS 11 million plus CPI linkage differences. An additional 12.5% of the sum will be paid to the...

2014-01-16 08:29:58

NETANYA, Israel, January 16, 2014 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that the Israeli Ministry of Communications published its decision regarding the types of landline services that shall be offered through the wholesale landline market. In addition, the Ministry of Communications published a hearing regarding terms for the provision of certain wholesale landline services by Bezeq and Hot (the two operators...

2014-01-09 04:22:16

NETANYA, Israel, Jan. 9, 2014 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that Mr. Nochi Dankner, who had been appointed as a member of the Company's board of directors by Discount Investment Corporation Ltd., or DIC, resigned from his office effective January 8, 2014, and DIC designated in his place Mr. Raanan Cohen, a member of the Company's board of directors, as its appointee effective as of January 9, 2014. Mr....

2014-01-06 08:29:16

NETANYA, Israel, Jan. 6, 2014 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company"), announced today that, following its previous report in relation to the Israeli court's approval of a creditors' arrangement for IDB Holding Corporation Ltd., or IDBH, the court's decision has come into force and the condition precedent regarding certain disclosure matters about the Elzstain - Extra group has been met. As a result of the creditors' arrangement (if...

2013-12-18 04:20:49

NETANYA, Israel, Dec. 18, 2013 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company"), announced today that, following its previous reports in relation to the financial condition of IDB Holding Corporation Ltd., or IDBH, and IDB Development Corporation Ltd. (currently a wholly owned subsidiary of IDBH), or IDBD, the Company's indirect controlling shareholders, IDBH and IDBD reported that an Israeli court has approved a creditors' arrangement for IDBH,...