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Stock Market & Financial Investment News

News Breaks
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."
News For CEL From The Last 14 Days
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January 25, 2016
05:12 EDTCELCellcom Israel announces labor dispute
Cellcom Israel announced the receipt of a labor dispute announcement by the Histadrut, the union representing the company's employees. Under the announcement, the company's employees would be entitled to take organizational steps, as of February 7. The company rejects the claims made as a basis for the announcement. At this preliminary stage, the company is unable to assess the effects of this announcement.

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