NETANYA, Israel, August 9, 2017 /PRNewswire/ --
Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (the "Company")
announced that it has published a shelf prospectus, after having
received the Israeli Securities Authority, or ISA, and the Tel Aviv
Stock Exchange, or TASE, approvals. The shelf prospectus will allow
the Company, from time to time, until August
2019 (or if extended by the ISA, subject to certain
conditions, until August 2020), to
offer and sell various securities including debt and equity, in
Israel, in one or more offerings,
subject to filing a supplemental shelf offering report, that
describes the terms of the securities offered and the specific
details of the offering.
Any offering under the shelf prospectus requires the Company's
Board of Directors' approval, publication of a supplemental
offering report and the prior approval of the TASE for the
supplemental offering report.
At this stage, no decision has been made as to the execution of
any offering, nor as to its scope, terms and timing, if executed,
and there is no certainty that such offering will be executed.
About Cellcom Israel
Cellcom Israel Ltd., established in 1994, is the largest Israeli
cellular provider; Cellcom Israel provides its approximately 2.779
million cellular subscribers (as at June 30,
2017) with a broad range of value added services including
cellular telephony, roaming services for tourists in Israel and for its subscribers abroad and
additional services in the areas of music, video, mobile office
etc., based on Cellcom Israel's technologically advanced
infrastructure. The Company operates an LTE 4 generation network
and an HSPA 3.5 Generation network enabling advanced high speed
broadband multimedia services, in addition to GSM/GPRS/EDGE
networks. Cellcom Israel offers Israel's broadest and largest customer service
infrastructure including telephone customer service centers, retail
stores, and service and sale centers, distributed nationwide.
Through its broad customer service network Cellcom Israel offers
technical support, account information, direct to the door parcel
delivery services, internet and fax services, dedicated centers for
hearing impaired, etc. Cellcom Israel further provides OTT TV
services (as of December 2014),
internet infrastructure (as of February
2015) and connectivity services and international calling
services, as well as landline telephone communications services in
Israel, in addition to data
communications services. 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
Shlomi Fruhling
Chief Financial Officer
investors@cellcom.co.il
Tel: +972-52-998-9755
Investor Relations Contact
Ehud Helft
GK Investor & Public Relations In partnership with LHA
cellcom@GKIR.com
Tel: +1-617-418-3096
SOURCE Cellcom Israel Ltd.