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CEL - Cellcom Israel Limited
-0.01(-0.22%)9:00:02 PM 1/25/2021
Cellcom Israel Ltd. operates and maintains a cellular mobile telephone system in Israel. It operates in two segments, Cellular and Fixed-line. The company offers cellular communications services, such as basic cellular telephony services comprising voice mail, cellular fax, call waiting, call forwarding, caller identification, and conference calling; text and multimedia messaging; and cellular content and data services. It also provides international roaming services; value-added services, such as short message and multimedia messaging; cloud backup; and content services, including Cellcom Volume music, Cellcom TV, and other applications. In addition, the company sells handsets, tablets, streamers, smart watches, and home security cameras, as well as offers repair services. Further, it provides internet infrastructure and connectivity services, over-the-top TV services, international long distance services, and landline telephony and transmission services; transmission and data services through fiber-optic infrastructure and complementary microwave links; IP switchboard services; and cloud services and data protection products, as well as operates and manages business telecommunication systems to selected business customers and telecommunications operators. As of December 31, 2019, the company had approximately 10.6 million cellular subscribers. Cellcom Israel Ltd. was founded in 1994 and is headquartered in Netanya, Israel.
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    Cellcom Israel Announces Israeli Competition Commissioner Approval for Hot Group to Join IBC

    Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following its previous announcement regarding an investment transaction between the Company, the Israel Infrastructure Fund and Hot Telecommunication Systems Ltd. in IBC Israel Broadband (2013) Ltd., the Israeli Competition Commissioner granted its approval for the transaction. The completion of the transaction is subject to certain conditions, including the approval of the Israeli Ministry of Communica...

    Cellcom Israel Ltd. To Consolidate Its Listing On The Tel Aviv Stock Exchange

    Cellcom Israel Ltd., ("Cellcom Israel" or "the Company") (NYSE: CEL)(TASE: CEL) today announced that it intends to consolidate the listing of its shares onto one single exchange, the Tel Aviv Stock Exchange ("TASE"). The Company will maintain the current listing of its shares on TASE, which will become Cellcom Israel's primary and only listing.

    Cellcom Israel Announces Sharing Network Partner Has Not Made Additional Payment

    Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following its previous announcement regarding its cellular sharing network partner, Marathon 018 Xfone Ltd., or Xfone, non-payment of the monthly payment due October 31, Xfone has not paid an additional monthly payment due November 30, 2020, under the sharing network agreement.

    Cellcom Israel Ltd. Announces Appointment Of Director

    Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today the appointment of Mr. Yoram Turbowicz as member of the Company's Board of Directors, effective December 2, 2020.

    Cellcom Israel Announces Private debenture Offering In Israel

    Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following the previously announced preparation for a private debenture offering in Israel of additional debentures of the existing series L debentures, which are listed on the Tel Aviv Stock Exchange, or TASE, the Company received orders from certain institutional investors for approximately NIS 744 million principal amount of additional Series L debentures, out of which the Company accepted (subject to...

    Cellcom Israel Ltd. Announces Directors Resignation

    Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today that following the previously reported approval of the court to the sale of the controlling stake in Discount Investment Corporation Ltd. – the Company's indirect controlling shareholder - to a group of investors led by Mega Or Holdings Ltd., Ms. Diana Ingrid Elsztain-Dan resigned her office as director of the Company and Mr. Kaufman informed the Company of termination of Mr. Saul Zang's nomination as his alternate director, both ef...

    Cellcom Israel Ltd (CEL) Q3 2020 Earnings Call Transcript

    Ladies and gentlemen, thank you for standing by, welcome to Cellcom's Third Quarter 2020 Results Conference call. If you have not received it, please contact Cellcom's Investor Relations team at GK Investor and Public Relations at 1 (646) 688-3559 or view it in the News section of the Company's website, With us here on the call are Mr. Avi Gabbay, the CEO; and Mr. Shai Amsalem, the CFO.

    Cellcom Israel announces Third Quarter 2020 Results

    Cellcom Israel concludes the third quarter of 2020 with an increase of 3% in revenues compared to the third quarter last year. Revenues totaled NIS 956 million. However, corona virus crisis continues to adversely affect the Company's results and led to a loss of NIS 373 million and Adjusted EBITDA1 of NIS 231 million for the third quarter