NETANYA, Israel, Nov. 24, 2020 /PRNewswire/ -- Cellcom Israel
Ltd. (NYSE: CEL) (the "Company") announced today that following the
previously reported approval of the court to the sale of the
controlling stake in Discount Investment Corporation Ltd. – the
Company's indirect controlling shareholder - to a group of
investors led by Mega Or Holdings Ltd., Ms. Diana Ingrid
Elsztain-Dan resigned her office as director of the Company and Mr.
Kaufman informed the Company of termination of Mr. Saul Zang's nomination as his alternate
director, both effective immediately.
For additional details see the Company's annual report on Form
20-F filed on March 23, 2020 under
"Item 6. Directors, Senior Management and Employees" – A. Directors
and Senior Management", the Company report for the first quarter
2020 under "Other developments during the first quarter of 2020 and
subsequent to the end of the reporting period – Changes to the
board of directors and management" filed on May 21, 2020 and the Company report for the third
quarter 2020 under "Other developments during the third quarter of
2020 and subsequent to the end of the reporting period – Changes to
the board of directors" filed on November
23, 2020.
About Cellcom Israel
Cellcom Israel Ltd., established in 1994, is a leading Israeli
communications group, providing a wide range of communications
services. Cellcom Israel is the largest Israeli cellular provider,
providing its cellular subscribers with a broad range of services
including cellular telephony, roaming services, text and multimedia
messaging, advanced cellular and data services and other
value-added services in the areas of mobile office, data protection
etc., based on Cellcom Israel's technologically advanced
infrastructure. The Company operates advanced networks enabling
high-speed broadband and advanced multimedia services. Cellcom
Israel offers nationwide customer service including telephone
customer service, retail stores, and service and sale centers.
Cellcom Israel further provides OTT TV services, internet
infrastructure and connectivity services and international calling
services, as well as landline telephone services in Israel.
Cellcom Israel's shares are traded both on the New York Stock
Exchange (CEL) and the Tel Aviv Stock Exchange (CEL). For
additional information please visit the Company's website
http://investors.cellcom.co.il.
Company
Contact
Shai Amsalem
Chief Financial Officer
investors@cellcom.co.il
Tel: +972-52-998-4774
|
Investor Relations
Contact
Elad Levy
Investor Relations Manager
investors@cellcom.co.il
Tel: +972-52-998-4774
|
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SOURCE Cellcom Israel Ltd.