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Stock Market & Financial Investment News

News Breaks
November 19, 2012
09:21 EDTCELCellcom Israel announces dismissal of purported class action
Cellcom Israel announced the dismissal of a purported class action lawsuit filed against the company and another cellular operator in March 2010, at the plaintiffs' request. The purported class action was filed in connection with allegations that the defendants breached their cellular license by failing to purchase insurance against monetary liability which the defendants may suffer due to bodily damages that allegedly may be caused by cellular radiation. If the lawsuit was certified as a class action, the total amount claimed was estimated by the plaintiffs to be approximately NIS 4.2B, out of which NIS 2.1B was attributed to the company individually.
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September 22, 2014
05:14 EDTCELCellcom Israel announces updated network sharing agreements
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