Cellcom

Cellcom Israel Announces Completion of Company's Investment Transaction on IBC and Sale of Residential Fiber-optic Transaction to IBC

Retrieved on: 
Wednesday, July 31, 2019
Geography of Asia, Western Asia, Cellcom, Companies, Verizon Wireless, Israel, Telephone numbers in Israel, Cellcom Communications

NIS 110 million), for its indirect stake in IBC, the majority of which shall be indirectly provided as shareholder loan to IBC.

Key Points: 
  • NIS 110 million), for its indirect stake in IBC, the majority of which shall be indirectly provided as shareholder loan to IBC.
  • Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services.
  • Cellcom Israel offers Israel's broadest and largest customer service infrastructure including telephone customer service centers, retail stores, and service and sale centers, distributed nationwide.
  • Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel.

Cellcom Israel Announces Frequencies Tender Published

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Tuesday, July 16, 2019
Telecommunications, Cellcom, Mobile telecommunications, Companies, 5G, 3

NETANYA, Israel, July 16, 2019 Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (the "Company") announced that the Israeli Ministry of Communications published a frequencies tender including for 5G services, expected to be conducted in Q4/2019.

Key Points: 
  • NETANYA, Israel, July 16, 2019 Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (the "Company") announced that the Israeli Ministry of Communications published a frequencies tender including for 5G services, expected to be conducted in Q4/2019.
  • The tender is to include 30MHz in the 700Mhz frequencies band, 60MHz in the 2600MHz frequencies band and 300 MHz in the 3500-3800 Mhz frequencies band.
  • The tender further sets maximum frequency allocation per network / new contender, overage, timeline and quality requirements for winning certain frequencies.
  • Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel.

Cellcom Israel Announces Regulatory Approvals for Company's Investment Transaction in IBC

Retrieved on: 
Wednesday, July 10, 2019
Cellcom, Stock exchanges, Tel Aviv Stock Exchange, Companies, Economy of Israel

NETANYA, Israel, July 10, 2019 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following the Company's previous reports regarding a possible indirect co-investment of the Company and the Israel Infrastructure Fund,in IBC Israel Broadband Company (2013) Ltd., all required regulatory approvals for the investment transaction were received and closing of the transaction is expected in the coming weeks (subject to fulfilment of all other conditions precedent).

Key Points: 
  • NETANYA, Israel, July 10, 2019 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following the Company's previous reports regarding a possible indirect co-investment of the Company and the Israel Infrastructure Fund,in IBC Israel Broadband Company (2013) Ltd., all required regulatory approvals for the investment transaction were received and closing of the transaction is expected in the coming weeks (subject to fulfilment of all other conditions precedent).
  • History and Development of the Company Fixed-line Infrastructure Investment in IBC".
  • Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services.
  • Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel.

Cellcom Israel Ltd. Announces Dismissal of Purported Class Action Filed Against the Company

Retrieved on: 
Monday, July 8, 2019
Cellcom, Tel Aviv Stock Exchange, Stock exchanges, Companies, Economy of Israel

NETANYA, Israel, July 8, 2019 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced the dismissal with prejudice of a purported class action filed against the Company's wholly owned subsidiary, and two other Israeli international calls operators, alleging that the defendants unlawfully charge random customers with excessive and unreasonable prices for outgoing calls from Israel.

Key Points: 
  • NETANYA, Israel, July 8, 2019 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced the dismissal with prejudice of a purported class action filed against the Company's wholly owned subsidiary, and two other Israeli international calls operators, alleging that the defendants unlawfully charge random customers with excessive and unreasonable prices for outgoing calls from Israel.
  • The total amount claimed from the defendants, if the lawsuit was certified as a class action, was not estimated by the plaintiffs.
  • Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services.
  • Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel.

Israel - Telecoms, Mobile and Broadband - Statistics and Analyses

Retrieved on: 
Monday, June 10, 2019
Telecommunications, XFONE, Companies, Bezeq, Pelephone, Golan Telecom, Cellcom, Partner Communications Company, Hot Mobile, Telecommunications in Israel, Telephone numbers in Israel, 3

This reflects the highly competitive mobile sector which exists in Israel; with several operators all competing for customers who enjoy cheap 3G mobile services.

Key Points: 
  • This reflects the highly competitive mobile sector which exists in Israel; with several operators all competing for customers who enjoy cheap 3G mobile services.
  • The operators are feeling the impact of the high level of competition, particularly in the mobile sector.
  • In 2018 Israel gained a new mobile operator with 018 Xfone launching 4G mobile services under the We4G brand.
  • Companies mentioned in this report include:
    Bezeq, Bezeq International, Pelephone, HOT Telecom, HOT Mobile, Cellcom, 013 NetVision, Partner (Formerly Orange), 012 Smile, Xfone, Golan Telecom (Electra Communications), Israel Broadband Company (IBC); Remi Levy, Mobile 019.

Cellcom Israel Schedules First Quarter 2019 Results Release for May 28, 2019

Retrieved on: 
Tuesday, May 14, 2019
Cellcom, Companies, Stock exchanges, Tel Aviv Stock Exchange, Verizon Wireless, Telecommunications, Telephone numbers in Israel

NETANYA, Israel, May 14, 2019 /PRNewswire/ --Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company"), announced today that it will be releasing its financial results for the first quarter of 2019 on Tuesday, May 28, 2019.

Key Points: 
  • NETANYA, Israel, May 14, 2019 /PRNewswire/ --Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company"), announced today that it will be releasing its financial results for the first quarter of 2019 on Tuesday, May 28, 2019.
  • On the call, management will review and discuss the results and will be available to answer questions.
  • Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services.
  • Cellcom Israel further provides OTT TV services, Internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel.

Cellcom Israel Announces Collaboration Agreement With Netflix In Israel

Retrieved on: 
Sunday, May 12, 2019
Companies, Cellcom, Economy of the United States, Telecommunications, Verizon Wireless, Netflix, Telephone numbers in Israel, Bezeq

NETANYA, Israel, May 12, 2019 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that the Company entered a collaboration agreement with Netflix International B.V., the world's leading internet entertainment provider, for the distribution of Netflix's services in Israel, including through direct access to the Netflix services from the Cellcom tv platform.

Key Points: 
  • NETANYA, Israel, May 12, 2019 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that the Company entered a collaboration agreement with Netflix International B.V., the world's leading internet entertainment provider, for the distribution of Netflix's services in Israel, including through direct access to the Netflix services from the Cellcom tv platform.
  • Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services.
  • Cellcom Israel offers Israel's broadest and largest customer service infrastructure including telephone customer service centers, retail stores, and service and sale centers, distributed nationwide.
  • Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel.

Cellcom Israel Announces Collective Employment Agreement, End Of Labor Dispute And Decision To Grant Options And RSUs

Retrieved on: 
Sunday, May 5, 2019
Cellcom, Companies, Stock exchanges, Tel Aviv Stock Exchange, Economy of Israel, Telephone numbers in Israel, Bezeq

The grant will be carried out after the fulfilment of to all approvals and procedures required by law.

Key Points: 
  • The grant will be carried out after the fulfilment of to all approvals and procedures required by law.
  • Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services.
  • Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel.
  • Cellcom Israel's shares are traded both on the New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL).

Cellcom Israel Announces Early Repayment Of Bank Loan

Retrieved on: 
Sunday, April 14, 2019
Cellcom, Companies, Telecommunications, Economy of Israel

NETANYA, Israel, April 14, 2019 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced todayan early repayment of a loan under the Company's August 2015 loan agreement with an Israeli bank, provided to the Company in December 2016, in an outstanding principal amount of NIS 112 million (in addition to outstanding accumulated interest until date of repayment).

Key Points: 
  • NETANYA, Israel, April 14, 2019 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced todayan early repayment of a loan under the Company's August 2015 loan agreement with an Israeli bank, provided to the Company in December 2016, in an outstanding principal amount of NIS 112 million (in addition to outstanding accumulated interest until date of repayment).
  • The 2015 bank loan was one of the Company's more expensive and shorter duration debt and its early repayment will reduce the Company's leverage and allow accumulated saving of approximately NIS 9 million of interest expenses.
  • Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services.
  • Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel.

Cellcom Selects Mavenir for Virtualized Mobile Core Platform

Retrieved on: 
Monday, April 8, 2019
Technology, Networks, Software, Telecommunications, Mobile, Wireless, VoIP, Telecommunications, Mobile technology, Mavenir, Mavenir Systems, Voice over LTE, Economy of the United States, Cellcom

Mavenir is a leading provider of a Virtualized IMS Core suite including VoLTE, VoWiFi, and RCS solutions based on NFV-based platform.

Key Points: 
  • Mavenir is a leading provider of a Virtualized IMS Core suite including VoLTE, VoWiFi, and RCS solutions based on NFV-based platform.
  • We look forward to partnering with Mavenir to deploy these new services for the benefit of our customers.
  • We are excited to help support Cellcom in transforming their network to a software-based IMS platform, said Pardeep Kohli, President and CEO of Mavenir.
  • Mavenir will be at CCA Mobile Carriers Show speaking on Virtualized RAN: A Forcing Factor in Mobile Economics and Innovative Small Cell Solutions.