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Cellcom Israel Announces Extension Of D&O Indemnification And Exemption

2014-07-07 05:14:43| Telecom - Topix.net

Cellcom Israel Ltd. announced that the Company's Compensation and Audit Committees and Board of Directors approved a three-year extension of the Company's shareholders 2011 resolution to provide certain exemptions from liability and indemnification agreements to office holders of the Company serving from time to time in such capacity, in respect ... (more)

Tags: israel extension announces exemption

Cellcom Israel to offer OTT TV service

2014-06-17 17:10:41| Digital TV News

Cellcom Israel (NYSE: CEL) (TASE: CEL) has announced that it has decided to enter the field of television services over the internet (known as Over the Top TV, or OTT TV).

Tags: service offer israel ott

Cellcom, Pelephone sign deal on network sharing

2013-12-10 08:42:00| Telecompaper Headlines

(Telecompaper) Cellcom announced it has entered into an agreement with Pelephone and Golan Telecom for the construction and operation of a shared 4G radio network, an agreement with Pelephone for the sharing of passive elements of GSM sites for existing networks and an Indefeasible Right of Use (IRU) agreement with Golan regarding the company's 2G and 3G radio networks. As a result of the deal, each company will dismantle 45 percent of its network sites, saving tens of millions of shekels in leasing and management fees. The newly created entity, equally owned by Cellcom and Pelephone, will manage and maintain all of the passive elements of cell sites and unify passive elements of network sites of the company and Pelephone, currently used for the 2G and 3G networks and will also manage and maintain the radio networks for the company and Pelephone, generally for a period of at least 15 years. Costs shall be divided generally between Cellcom and Pelephone, subject to certain adjustments. Each operator shall bear its own costs for such services and will continue to operate its own core network. Golan will be granted a right of use to the company's 2G and 3G radio network (generally for at least 5 years and for as long as they are operational), which will be replacing Golan's current national roaming agreement with the company. Golan shall continue to operate its own core network.

Tags: sign network deal sharing