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cellcom israel ltd (F5U) Snapshot

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04/22/14 - €10.09
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01/19/15 - €4.24
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cellcom israel ltd (F5U) 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 service; data services used with handsets, cellular modems, laptops, and tablets; 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 1,700 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, 2013, it had approximately 3.092 million cellular subscribers. The company was founded in 1994 and is headquartered in Netanya, Israel.

4,403 Employees
Last Reported Date: 03/6/14
Founded in 1994

cellcom israel ltd (F5U) Top Compensated Officers

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cellcom israel ltd (F5U) Key Developments

Cellcom Israel Ltd. Launches Cellcom TV Services in Israel

Cellcom Israel Ltd. announced the launch of 'Cellcom tv', its new TV over the internet services, in Israel on December 29, 2014. 'Cellcom tv' services include the Israeli Digital terrestrial television (DTT) broadcasting television channels, Video on Demand (VOD) services and additional advanced features and viewing capabilities, at a highly competitive price.

Cellcom Israel Ltd.(TASE:CEL) dropped from TA-25 Index

Cellcom Israel Ltd. will be removed from the TA-25 Index.

Cellcom Israel Ltd. Announces Filing of Purported Class Action

Cellcom Israel Ltd. announced that a purported class action was filed against the company and another cellular operator receiving hosting services from the company, by plaintiffs alleging to be subscribers of the defendants, claiming compensation for non monetary damages in connection with allegations that the defendants, unlawfully and in violation of their license and their agreement with their subscribers, failed to provide service to their subscribers during the previously reported network malfunction that the defendants suffered on November 6, 2014. The total amount claimed from the defendants, if the lawsuit is certified as class action is estimated by the plaintiff to be approximately ILS 72 million (although under the calculations detailed elsewhere in the lawsuit- approximately ILS 720 million), of which approximately ILS 60 million is attributed to the company. At this early stage the company cannot assess the lawsuit's chances of success.


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