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Cellcom Israel Ltd (CEL.N)

CEL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

‍Cellcom Israel controlling shareholder announced examination of submitting creditors arrangement proposal in Eurocom​
Tuesday, 16 Jan 2018 03:21am EST 

Jan 16 (Reuters) - Cellcom Israel Ltd ::‍CELLCOM ISRAEL REPORTS ITS CONTROLLING SHAREHOLDER ANNOUNCED EXAMINATION OF SUBMITTING A CREDITORS ARRANGEMENT PROPOSAL IN EUROCOM​.  Full Article

Cellcom Israel Q3 earnings per share ILS 0.32
Wednesday, 22 Nov 2017 02:22am EST 

Nov 22 (Reuters) - Cellcom Israel Ltd :Cellcom Israel announces third quarter 2017 results.Q3 earnings per share ILS 0.32.Q3 revenue fell 1.7 percent to ILS 975 million.‍cellular subscriber base totaled approximately 2.805 million subscribers at end of September 2017​.‍Board of directors decided not to distribute a dividend for Q3 of 2017​.Qtrly ‍service revenues totaled NIS 737 million ($209 million) in Q3 of 2017, a 2.8% decrease from NIS 758 million ($215 million) in Q3 last year​.Qtrly ‍churn rate for cellular subscribers 11.5% versus 10.5 percent​​.Qtrly ‍monthly cellular ARPU NIS 57.8 versus NIS 62.8​.During Q3 of 2017 company's cellular subscriber base increased by approximately 26,000 net cellular subscribers​.Decrease in ARPU resulted from ongoing erosion in prices of cellular services​.‍No future dividend declaration is guaranteed and is subject to company's board of directors' sole discretion​.  Full Article

Cellcom Israel ‍announces filing of shelf prospectus in Israel​
Wednesday, 9 Aug 2017 08:31am EDT 

Aug 9 (Reuters) - Cellcom Israel Ltd :‍announces filing of shelf prospectus in Israel​.Cellcom Israel - ‍shelf prospectus will allow co until August 2019 to offer and sell various securities including debt and equity in Israel​.  Full Article

Cellcom Israel Q2 earnings per share ILS 0.45
Friday, 4 Aug 2017 05:04pm EDT 

Aug 4 (Reuters) - Cellcom Israel Ltd :Cellcom Israel announces second quarter 2017 results.Q2 earnings per share ILS 0.45.Q2 revenue fell 6.5 percent to ILS 962 million.  Full Article

Clal Insurance Enterprises reports 5.1 pct passive stake in Cellcom Israel
Thursday, 15 Jun 2017 08:29am EDT 

June 15 (Reuters) - Clal Insurance Enterprises Holdings Ltd::Clal Insurance Enterprises Holdings Ltd reports a 5.1 percent passive stake in Cellcom Israel Ltd as of June 5 - sec filing.  Full Article

Cellcom Israel announces private debenture placement in Israel
Thursday, 1 Jun 2017 06:22am EDT 

June 1 (Reuters) - Cellcom Israel Ltd ::Cellcom Israel announces private debenture placement in Israel, closing set to July 2018; Cellcom Israel announces a deferred loan agreement.Cellcom Israel -price was set at NIS 1.011 for each series K debenture of NIS 1 principal amount, or a total consideration of approximately NIS 222 million.Cellcom Israel Ltd - ‍entered into a loan agreement with an Israeli bank to provide company a deferred loan in a principal amount of NIS 150 million​.Cellcom Israel - entered agreement with Israeli institutional investors to sell NIS 220 million of additional debentures of existing series K debentures.  Full Article

Cellcom Israel reports first quarter EPS of ILS 0.25
Wednesday, 24 May 2017 02:25am EDT 

May 24 (Reuters) - Cellcom Israel Ltd :Cellcom Israel announces first quarter 2017 results.Q1 earnings per share ILS 0.25.Q1 revenue fell 6.2 percent to ILS 959 million.Qtrly service revenues totaled NIS 739 million ($203 million) compared to NIS 774 million ($213 million) in Q1 last year.Free cash flow totaled NIS 66 million ($18 million) in quarter compared to NIS 149 million ($41 million) in Q1 last year.Cellular subscriber base totaled approximately 2.792 million subscribers at end of March 2017.Q1 churn rate for cellular subscribers was 12.0 percent versus 11.1 percent in Q1 2016.Monthly cellular ARPU in Q1 2017 was NIS 60.2 versus NIS 65.2 in Q1 last year.  Full Article

Cellcom Israel announces MOC approval for network sharing with Xfone
Monday, 20 Mar 2017 06:15am EDT 

Cellcom Israel Ltd : Cellcom Israel announces MOC approval for network sharing and hosting agreement with Xfone .Agreement was approved by Ministry Of Communications.  Full Article

Cellcom Israel Q4 basic shr $0.03
Wednesday, 15 Mar 2017 03:28am EDT 

Cellcom Israel Ltd : Cellcom israel announces fourth quarter and full year 2016 results . Q4 revenue fell 5.9 percent to ils 984 million . basic earnings per share for q4 of 2016 totaled nis 0.12 ($0.03) . at end of 2016 company had approximately 2.801 million cellular subscribers, a decrease of about 34,000 subscribers net .monthly cellular average revenue per user ("arpu") for 2016 totaled nis 63.3 ($16.5) compared to nis 65.0 ($16.9) in 201.  Full Article

Cellcom Israel announces Israeli antitrust commissioner approval for agreement with Electra
Thursday, 9 Mar 2017 06:35am EST 

Cellcom Israel Ltd - :Cellcom Israel announces Israeli antitrust commissioner approval for network sharing and hosting agreement with Electra.  Full Article

BRIEF-‍Cellcom Israel controlling shareholder announced examination of submitting creditors arrangement proposal in Eurocom​

* ‍CELLCOM ISRAEL REPORTS ITS CONTROLLING SHAREHOLDER ANNOUNCED EXAMINATION OF SUBMITTING A CREDITORS ARRANGEMENT PROPOSAL IN EUROCOM​ Source text for Eikon: Further company coverage: