Last $12.19 USD
Change Today 0.00 / 0.00%
Volume 19.3K
CEL On Other Exchanges
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As of 8:04 PM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

cellcom israel ltd (CEL) Snapshot

Open
$12.24
Previous Close
$12.19
Day High
$12.25
Day Low
$12.13
52 Week High
12/2/13 - $14.07
52 Week Low
08/27/13 - $10.10
Market Cap
1.2B
Average Volume 10 Days
37.1K
EPS TTM
--
Shares Outstanding
99.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
2.00%
Current Stock Chart for CELLCOM ISRAEL LTD (CEL)

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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 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 (CEL) Top Compensated Officers

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cellcom israel ltd (CEL) Key Developments

Cellcom Israel Announces Partial Dismissal of Purported Class Actions

Cellcom Israel Ltd. provided an update on positive developments in two purported class actions. The lawsuits were filed against the company in May 2010 and June 2011 and included allegations relating to non-ionizing radiation and network quality. The Court dismissed the motions to certify the class actions with prejudice except in respect of certain claims that it determined it would hear on the basis of settlements of similar class action claims made against Pelephone Communications Ltd. and Partner Communications Ltd. and approved by the court, which the company was willing to adopt as well. The class settlement agreements include the cellular operators undertaking to provide certain information regarding non-ionizing radiation, sell certain accessories at a discount and conduct certain tests to handsets at certain circumstances. In light of the decision and settlement agreements by other operators, the company estimates that this litigation will not have a material effect on the company.

Cellcom Israel Announces 4G Frequencies Tender Published

Cellcom Israel Ltd. announced that the Israel Ministry of Communications published a tender for 1800MHz frequencies, for 4G technologies (such as LTE, LTE Advanced). Participation in the tender is open for all current Mobile Network Operators and Mobile Virtual Network Operators as well as other entities meeting certain conditions.

Cellcom Israel Ltd. Announces Appeal Against Dismissal of Purported Class Action Filed Against the Company

Cellcom Israel Ltd. announced that further to the company's report of the dismissal with prejudice of a purported class action against the company reported on November 2011, an appeal was filed by the plaintiffs challenging the dismissal. The purported class action alleged that the company raised tariffs for business customers unlawfully and in violation of its agreements with them. If the lawsuit is certified as a class action, the total amount claimed from the company is estimated by the plaintiffs to be at least hundreds of millions of NIS.

 

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