Cellcom Israel, Ltd. Ordinary Shares (CEL) News
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CEL News Highlights
- CEL's 30 day story count now stands at 8.
- Over the past 20 days, the trend for CEL's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- TEL, INFO and MET are the most mentioned tickers in articles about CEL.
Latest CEL News From Around the Web
Below are the latest news stories about Cellcom Israel Ltd that investors may wish to consider to help them evaluate CEL as an investment opportunity.
Cellcom Israel Announces Israeli Minister of Communications Approval for Hot Group to Join IBCCellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following its previous announcement regarding an investment transaction between the Company, the Israel Infrastructure Fund and Hot Telecommunication Systems Ltd. in IBC Israel Broadband (2013) Ltd., or IBC, the Israeli Minister of Communications, or MOC, granted its approval for the transaction, which completes the regulatory approvals and changes required for the completion of the transaction. The MOC's approval includes certain amendments to IBC's license, including an obligation to reach 1.7 million households within 5 years, substantially in line with the investment agreement, and an obligation to provide a "shelf proposal" to any operator interested in purchasing its services. The complet... |
Cellcom Israel Announces Filing Lawsuit Against Sharing Network PartnerCellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following its previous announcements regarding Marathon 018 Xfone Ltd.'s, or Xfone, the Company's cellular sharing network partner, breach of its monthly payment obligations under the sharing network agreement and annulment notice of the agreement which Company rejects, the Company filed today a lawsuit against Xfone and its controlling shareholder for the enforcement of the network sharing agreement and payment of unpaid monthly payments in the amount of approximately NIS 34 million, with the Tel-Aviv District Court. The Company further filed for an interim injunction to prevent Xfone from entering any contradicting agreement to the network sharing agreement with the Company. |
SHAREHOLDER ALERT: Investigation of Cellcom Israel Announced by Holzer & Holzer, LLCAtlanta, Georgia--(Newsfile Corp. - February 8, 2021) - Holzer & Holzer, LLC is investigating whether Cellcom Israel Ltd. ("Cellcom Israel" or the "Company") (NYSE: CEL) complied with federal securities laws. On January 31, 2021, Cellcom Israel announced that Marathon 018 Xfone Ltd., the Company's cellular sharing network partner, had sent Cellcom Israel an annulment notice of the two companies' sharing agreement, "alleging that [Cellcom Israel] has materially breached the sharing agreement by acquiring ... |
CELLCOM ISRAEL LTD. – Have You Invested In Cellcom Israel Ltd. And Suffered Significant Losses? – Kehoe Law Firm, P.C. Investigating Securities Claims On Behalf of Cellcom Israel InvestorsPHILADELPHIA, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Cellcom Israel Ltd. (“Cellcom” or the “Company”) (NYSE: CEL) to determine whether the Company engaged in securities fraud or other unlawful business practices. On January 31, 2021, Cellcom announced that Marathon 018 Xfone Ltd., “. . . [Cellcom’s] cellular sharing network partner, . . . sent . . . an annulment notice of the sharing agreement, alleging that the Company has materially breached the sharing agreement by acquiring Golan Telecom's share capital and termination of Golan's MNO license.” On this news, Cellcom’s stock price dropped $0.23 per share, closing at $3.83 per share on February 1, 2021, thereby injuring investors. INVESTORS WHO PURCH... |
Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Cellcom Israel Ltd. (CEL) InvestigationNEW YORK, NY / ACCESSWIRE / February 1, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cellcom Israel Ltd. ("Cellcom" or "the Company") (NYSE:CEL). |
Cellcom Israel Announces Receiving Sharing Network Partner Unlawful Annulment NoticeCellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following its previous announcements regarding its cellular sharing network partner, Marathon 018 Xfone Ltd., or Xfone, non-payment of the monthly payments due under the sharing network agreement and continued material breach of the sharing network agreement by Xfone, Xfone sent today an annulment notice of the sharing agreement, alleging that the Company has materially breached the sharing agreement by acquiring Golan Telecom's share capital and termination of Golan's MNO license. The Company strongly rejects Xfone's allegations and annulment notice. The Company believes Xfone's allegations to be unfounded and the annulment notice to be unlawful, and intends to take all actions necessary in or... |
Cellcom Israel Announces Israeli Competition Commissioner Approval for Hot Group to Join IBCCellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following its previous announcement regarding an investment transaction between the Company, the Israel Infrastructure Fund and Hot Telecommunication Systems Ltd. in IBC Israel Broadband (2013) Ltd., the Israeli Competition Commissioner granted its approval for the transaction. The completion of the transaction is subject to certain conditions, including the approval of the Israeli Ministry of Communications, or MOC, and regulatory changes, which are yet to be met. The Company cannot guarantee such changes will be made and approval will be granted. |
Cellcom Israel Ltd. To Consolidate Its Listing On The Tel Aviv Stock ExchangeCellcom Israel Ltd., ("Cellcom Israel" or "the Company") (NYSE: CEL)(TASE: CEL) today announced that it intends to consolidate the listing of its shares onto one single exchange, the Tel Aviv Stock Exchange ("TASE"). The Company will maintain the current listing of its shares on TASE, which will become Cellcom Israel's primary and only listing. |
Cellcom Israel Ltd. Announces Appointment Of DirectorCellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today the appointment of Mr. Yoram Turbowicz as member of the Company's Board of Directors, effective December 2, 2020. |
Cellcom Israel Announces Private debenture Offering In IsraelCellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that following the previously announced preparation for a private debenture offering in Israel of additional debentures of the existing series L debentures, which are listed on the Tel Aviv Stock Exchange, or TASE, the Company received orders from certain institutional investors for approximately NIS 744 million principal amount of additional Series L debentures, out of which the Company accepted (subject to the TASE's approval) orders for NIS 400 million aggregate principal amount of additional Series L debentures, for a total consideration of approximately NIS 391 million. |