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Cellcom Israel Ltd (CEL.N)

CEL.N on New York Stock Exchange

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20 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Cellcom Israel announces liquidation request against Golan Telecom
Tuesday, 29 Nov 2016 03:00am EST 

Cellcom Israel Ltd : Cellcom Israel announces liquidation request against Golan Telecom . Cellcom Israel - filed request to appoint interim liquidator to Golan Telecom Ltd . Cellcom Israel- will file liquidation request against Golan tomorrow following Golan's failure to pay company all due amounts . Cellcom Israel-"cannot estimate what decision in such requests will be, or their impact on company's ability to collect amounts owed by Golan" .Cellcom Israel - substantial reduction of future revenues from Golan will have a material adverse effect on Co's revenues and results of operations.  Full Article

Cellcom Israel announces developments re Golan Telecom
Thursday, 22 Sep 2016 08:55am EDT 

Cellcom Israel Ltd : Cellcom Israel announces developments re Golan Telecom .Group of investors notified company today that it is withdrawing from its intention to purchase Golan Telecom.  Full Article

Cellcom Israel Q2 earnings per share ILS 0.43
Wednesday, 10 Aug 2016 02:04am EDT 

Cellcom Israel Ltd : Q2 earnings per share ILS 0.43 . Cellcom Israel announces second quarter 2016 results . Q2 revenue fell 1.1 percent to ILS 1.029 billion . Board of directors decided not to distribute a dividend for Q2 of 2016 .Board of directors will re-evaluate decision as market conditions develop, and taking into consideration company's needs.  Full Article

Cellcom Israel says district court granted an interim injunction
Thursday, 21 Jul 2016 10:20am EDT 

Cellcom Israel Ltd :Says district court granted an interim injunction against consummation of Golan Telecom - Hot Mobile agreement.  Full Article

Cellcom Israel announces legal actions against Golan Telecom
Tuesday, 12 Jul 2016 02:20am EDT 

Cellcom Israel Ltd : Cellcom Israel announces legal actions against Golan Telecom .Legal actions against golan include request for interim injunction against consummation of golan - hot mobile agreement.  Full Article

Cellcom Israel announces network sharing and hosting agreement with Xfone
Tuesday, 12 Jul 2016 02:15am EDT 

Cellcom Israel Ltd : Cellcom Israel announces network sharing and hosting agreement with Xfone .Says agreement will have no impact on co's current agreements with Golan Telecom or co's compliance with such agreements.  Full Article

Cellcom Israel says has notified Golan Telecom that Hot agreement constitutes material breach of SPA
Monday, 13 Jun 2016 01:30am EDT 

Cellcom Israel Ltd : Company has notified Golan Telecom and its shareholders that Hot agreement constitutes material breaches of share purchase agreement . Cannot estimate chances of regulatory approval of Hot agreement .Notified Golan Telecom that breach of contract, would allow co to terminate SPA and demand payment of NIS 600 million.  Full Article

Cellcom Israel Q1 EPS ILS 0.59
Monday, 23 May 2016 02:01am EDT 

Cellcom Israel Ltd : Cellcom israel announces first quarter 2016 results . Q1 earnings per share ILS 0.59 .Q1 revenue fell 3.8 percent to ILS 1.022 billion.  Full Article

Cellcom Israel Ltd declares Q1 2015 dividend
Thursday, 14 May 2015 02:26am EDT 

Cellcom Israel Ltd:Declares cash dividend for Q1 of 2015.  Full Article

Cellcom Israel Ltd announces a loan agreement
Sunday, 3 May 2015 08:04am EDT 

Cellcom Israel Ltd:Enters into a loan agreement with two Israeli financial institutions, or Lenders, according to which the Lenders have agreed, subject to certain customary conditions.  Full Article