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BRIEF-Cellcom Israel announces liquidation request against Golan Telecom
November 29, 2016 / 8:15 AM / in a year

BRIEF-Cellcom Israel announces liquidation request against Golan Telecom

Nov 29 (Reuters) - 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 Source text for Eikon: Further company coverage:

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