Telecommunications in Israel

Cellcom Israel Announces Credit for IBC

Retrieved on: 
Wednesday, March 18, 2020

NETANYA, Israel, March 18, 2020 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (the "Company")announced today that its indirect subsidiary IBC Israel Broadband Company (2013) Ltd.'s, or IBC, entered an agreement with an Israeli financial institution, under which IBC shall be awarded a credit line of up to NIS 350 million, to be repaid until December 31, 2032, to further its business operation, including deployment of fiber-optic infrastructure in Israel.

Key Points: 
  • NETANYA, Israel, March 18, 2020 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (the "Company")announced today that its indirect subsidiary IBC Israel Broadband Company (2013) Ltd.'s, or IBC, entered an agreement with an Israeli financial institution, under which IBC shall be awarded a credit line of up to NIS 350 million, to be repaid until December 31, 2032, to further its business operation, including deployment of fiber-optic infrastructure in Israel.
  • In addition, the partnership jointly held by the Company and Israel Infrastructure Fund undertook to provide IBC with an additional investment of NIS 50 million before 2021 year end.
  • 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 Class Action Settlement Agreement Approved

Retrieved on: 
Sunday, March 8, 2020

NETANYA, Israel, March 8, 2020 /PRNewswire/ --Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today the previously reported settlement agreement filed with the court in February 2017, in relation to a purported class action filed against the Company in 2015, was approved by the court.

Key Points: 
  • NETANYA, Israel, March 8, 2020 /PRNewswire/ --Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today the previously reported settlement agreement filed with the court in February 2017, in relation to a purported class action filed against the Company in 2015, was approved by the court.
  • 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 Final Tax Assessments for 2014 -2017

Retrieved on: 
Wednesday, March 4, 2020

NETANYA, Israel, March 4, 2020 /PRNewswire/ --Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following its previous announcement regarding a best judgment assessment issued to the Company by the Israeli Tax Authority for 2014, the Company and the Tax Authority reached a final agreement in relation to the years 2014-2017 tax assessment.

Key Points: 
  • NETANYA, Israel, March 4, 2020 /PRNewswire/ --Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following its previous announcement regarding a best judgment assessment issued to the Company by the Israeli Tax Authority for 2014, the Company and the Tax Authority reached a final agreement in relation to the years 2014-2017 tax assessment.
  • 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 Ltd. Announces VP Marketing, Television and Content Resignation

Retrieved on: 
Thursday, February 27, 2020

NETANYA, Israel, Feb. 27, 2020 /PRNewswire/ --Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today that Mr. Rafi Shauli, the Company's VP Marketing, Television and Content, informed the Company of his resignation from office, effective March 31, 2020.

Key Points: 
  • NETANYA, Israel, Feb. 27, 2020 /PRNewswire/ --Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today that Mr. Rafi Shauli, the Company's VP Marketing, Television and Content, informed the Company of his resignation from office, effective March 31, 2020.
  • 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 Ltd. Announces Chairman Resignation

Retrieved on: 
Sunday, February 23, 2020

NETANYA, Israel, Feb. 23, 2020 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today that Mr. Ami Erel, the Company's Chairman of the Board of Directors, informed the Company of his resignation from the board of directors, effective March 1, 2020.

Key Points: 
  • NETANYA, Israel, Feb. 23, 2020 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today that Mr. Ami Erel, the Company's Chairman of the Board of Directors, informed the Company of his resignation from the board of directors, effective March 1, 2020.
  • 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 Negotiations To Purchase Golan Telecom

Retrieved on: 
Sunday, February 16, 2020

NETANYA, Israel, Feb. 16, 2020 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that it is in negotiations with Golan Telecom Ltd.'s, or Golan Telecom, shareholders, in regards to possible purchase of their holdings in Golan Telecom.

Key Points: 
  • NETANYA, Israel, Feb. 16, 2020 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that it is in negotiations with Golan Telecom Ltd.'s, or Golan Telecom, shareholders, in regards to possible purchase of their holdings in Golan Telecom.
  • 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 LTD. Announces Extraordinary General Meeting of Shareholders

Retrieved on: 
Tuesday, January 28, 2020

NETANYA, Israel, Jan. 28, 2020 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) announced today that an extraordinaryGeneral Meeting of Shareholders (the "Meeting") of Cellcom Israel Ltd. (the "Company") will be held on Thursday, March 5, 2020, at 4:00 p.m. (Israel time), at the offices of the Company, 10 Hagavish Street, Netanya, Israel.

Key Points: 
  • NETANYA, Israel, Jan. 28, 2020 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) announced today that an extraordinaryGeneral Meeting of Shareholders (the "Meeting") of Cellcom Israel Ltd. (the "Company") will be held on Thursday, March 5, 2020, at 4:00 p.m. (Israel time), at the offices of the Company, 10 Hagavish Street, Netanya, Israel.
  • The agenda of the Meeting is as follows:
    Approval of the Remuneration to the Company's new Chief Executive Officer.
  • 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 CTO Resignation

Retrieved on: 
Sunday, January 19, 2020

NETANYA, Israel, Jan. 19, 2020 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today that Mr. Ron Shvili, the Company's CTO, informed the Company of his intention to resign as CTO in the near term at a date yet to be determined.

Key Points: 
  • NETANYA, Israel, Jan. 19, 2020 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today that Mr. Ron Shvili, the Company's CTO, informed the Company of his intention to resign as CTO in the near term at a date yet to be determined.
  • 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 Preparation for NIS 400 Million Equity Offering in Israel

Retrieved on: 
Sunday, December 1, 2019

There is no assurance that such offering will be executed, nor as to its timing, terms or amount.

Key Points: 
  • There is no assurance that such offering will be executed, nor as to its timing, terms or amount.
  • 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 a Purported Class Action Filed Against the Company

Retrieved on: 
Thursday, November 21, 2019

At this preliminary stage, the Company is unable to assess the lawsuit's chances of success.

Key Points: 
  • At this preliminary stage, the Company is unable to assess the lawsuit's chances of success.
  • 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.