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May 25, 2014
14:13 EDTCELCellcom Israel announces 4G network sharing agreement
Cellcom Israel announced that subsequent to the network sharing policy published by the Israeli Minister of Communications, the company entered a network sharing agreement with Golan Telecom, under which Golan will be provided an Indefeasible Right of Use, or IRU, to the company's future 4G radio network, generally for at least 5 years and 9 months and for as long as it is used by the company. Each of the company and Golan will provide the required frequencies for the operation of the 4G radio network and purchase and operate their own core network. The Agreement is subject to the Antitrust Commissioner and the Ministry of Communications' approvals to both this Agreement and to the parties' previous agreement under which Golan is provided an IRU to the company's 2G and 3G radio networks, or 2G 3G IRU Agreement. The annual revenues to the company from both IRU agreements, if approved, are expected to be at a similar level to those generated from the parties' existing national roaming agreement in 2013. As previously reported, the 2G 3G IRU agreement, if approved, will replace the national roaming agreement. The company continues its efforts at further network sharing, including the sharing of passive elements of cell sites for existing networks, which the company expects to generate future savings in both operating expenses and capital expenditures.
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August 19, 2014
09:30 EDTCELCellcom Israel announces hearing regarding call centers services
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August 17, 2014
13:05 EDTCELCellcom Israel to sell around 0.93% of issued share capital by option holders
Cellcom Israel announced that employees and members of senior management of the company have entered into agreements to sell an aggregate of 933,348 shares of the company, constituting approximately 0.93% of the company's issued share capital, to financial institutions. The shares had been issued by the company to such employees and senior management upon their exercise of vested options granted by the company under its 2006 Share Incentive Plan. The sale is scheduled to be completed today. The company understands that the purchasers intend to place such shares for sale outside the United States to non-US investors.The shares have not been and will not be registered under the U.S. Securities Act of 1933. Accordingly, the shares may not be offered or sold in the United States or to, or for the account or benefit of, a U.S. person.
August 14, 2014
05:18 EDTCELCellcom says Israel published hearing on roaming services
Cellcom Israel announced that the Israeli Ministry of Communications published a hearing regarding roaming services provided to subscribers while abroad. The hearing proposes, in order to increase competition and reduce roaming payments by subscribers, among others, to allow other Israeli telecommunication operators, including other cellular operators, mobile virtual network operators, international calls operators and landline operators to offer roaming services to a cellular subscriber of another cellular operator, while abroad, using the subscriber's usual cellular number as well as change the way payments to roaming services are calculated, such as by requiring a 1 second unit or 1 KB unit for billing of roaming services while abroad and not charging for certain intervals of the call. Cellcom said it is studying the hearing and "at this time cannot evaluate the extent of its effects on the Company, if adopted as proposed."

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