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Last 1,418
Change Today -21.00 / -1.46%
Volume 49.7K
As of 10:24 AM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

cellcom israel ltd (CEL) Snapshot

Open
$1,424
Previous Close
$1,439
Day High
$1,442
Day Low
$1,414
52 Week High
09/10/14 - $4,450
52 Week Low
07/6/15 - $1,414
Market Cap
1.4B
Average Volume 10 Days
137.4K
EPS TTM
$2.61
Shares Outstanding
100.6M
EX-Date
11/27/13
P/E TM
5.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for CELLCOM ISRAEL LTD (CEL)

cellcom israel ltd (CEL) Related Businessweek News

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cellcom israel ltd (CEL) Details

Cellcom Israel Ltd. provides cellular communications services in Israel. It operates through two segments, Cellcom and Netvision. The company offers basic cellular telephony services, such as voice mail, cellular fax, call waiting, call forwarding, caller identification, conference calling, and outbound roaming services. It also provides value-added services comprising SMS and MMS services; cloud backup content services, including music downloads and Cellcom TV application; and Internet surfing packages. In addition, the company sells handsets, modems, tablets, and laptops, as well as offers handsets warranty and repair services. Further, it offers landline telephony, transmission, and data services through approximately 1,750 kilometers of inland fiber-optic infrastructure and complementary microwave links to selected business customers. Additionally, the company provides Internet connectivity and related services; telephony services consisting of international calling services, operator services, teleconferencing services, and landline telephony services; and Internet applications, cloud services, and data security products. As of December 31, 2014, it had approximately 2.967 million cellular subscribers. The company was founded in 1994 and is headquartered in Netanya, Israel.

3,921 Employees
Last Reported Date: 03/16/15
Founded in 1994

cellcom israel ltd (CEL) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: 3.5M
Vice President of Legal Affairs and Corporate...
Total Annual Compensation: 1.4M
Vice President of Sales & Service
Total Annual Compensation: 1.4M
Compensation as of Fiscal Year 2013.

cellcom israel ltd (CEL) Key Developments

Cellcom Israel Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Cellcom Israel Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of ILS 1,062 million against ILS 1,130 million a year ago. Operating profit was ILS 55 million against ILS 185 million a year ago. Profit before taxes on income was ILS 37 million against ILS 158 million a year ago. Profit for the period was ILS 26 million against ILS 114 million a year ago. Profit for the period attributable to owners of the company was ILS 25 million or ILS 0.25 per diluted share against ILS 114 million or ILS 1.14 per diluted share a year ago. Net cash from operating activities was ILS 169 million against ILS 453 million a year ago. Acquisition of property, plant, and equipment was ILS 76 million against ILS 64 million a year ago. Acquisition of intangible assets was ILS 20 million against ILS 25 million a year ago. EBITDA was ILS 196 million against ILS 340 million a year ago. Net debt stands at ILS 2.9 billion compared with net debt of ILS 3.6 billion at the end of the same quarter last year. Free cash flow totaled ILS 127 million compared to ILS 366 million in the first quarter last year, a decrease of 65.3%.

Purported Class Action Lawsuit Files Against Cellcom Israel Ltd

Cellcom Israel Ltd. announced that a purported class action was filed against the company, alleging that the company, in violation of its license, discriminates between its cellular customers (including between new and existing customers), by offering similar customers different prices. The total amount claimed from the company, if the lawsuit is certified as a class action, is not estimated by plaintiffs at this time. At this preliminary stage, the company is unable to assess the lawsuit's chances of success.

Cellcom Israel Ltd. Enters into Loan Agreement

Cellcom Israel Ltd. announced entering into a loan agreement with two Israeli financial institutions, or Lenders, according to which the Lenders have agreed, subject to certain customary conditions, to provide the company two deferred loans for the total principal amount of NIS 400 million, unlinked, as follows: A principal amount of NIS 200 million will be provided to the company in June 2016, and will bear an annual fixed interest of 4.6%. The loan's principal amount will be payable in four equal annual payments on June 30 of each of the years 2018 through 2021 (inclusive); A principal amount of NIS 200 million will be provided to the company in June 2017, and will bear an annual fixed interest of 5.1%. The loan's principal amount will be payable in four equal annual payments on June 30 of each of the years 2019 through 2022 (inclusive). Under the agreement, the interest rate may be subject to certain adjustments. Until the provision of the loans, the company is required to pay the Lenders a commitment fee. The company may cancel or prepay one or both loans, subject to a certain cancelation fee or prepayment fee, as applicable. The agreement includes standard terms and obligations and also generally includes the negative pledge, limitations on distributions, events of default and financial covenants applicable to the company's series F through I debentures.

 

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CEL Competitors

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Company Last Change
Bezeq The Israeli Telecommunication Corp Ltd 689.00 +17.20
National Mobile Telecommunications Co KSC 1,160 0.00
Palestine Telecommunications Co Ltd 5.40 JOD +0.02
View Industry Companies
 

Industry Analysis

CEL

Industry Average

Valuation CEL Industry Range
Price/Earnings -- Not Meaningful
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Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful
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