Cellcom Israel Stock Price, News & Analysis

Cellcom Israel Ltd. is an Israeli communications group that operates in the wireless telecommunications carriers industry. According to the company, it was established in 1994 and has developed into a communications group that provides communications services in Israel. The company’s ordinary shares are traded on the Tel Aviv Stock Exchange under the symbol CEL, and the stock is also referenced in international markets under the symbol CELJF.

Cellcom Israel describes itself as a communications group that offers communications services to its customers in Israel. The company states that it operates technologically advanced networks that enable high-speed broadband and multimedia services. It also notes that it provides services through nationwide customer service channels, including telephone customer service, retail stores, and service and sale centers.

The company reports that it is an Israeli cellular provider and that it offers cellular subscribers services such as cellular telephony, roaming services, text and multimedia messaging, advanced cellular and data services, and other value-added services in areas such as mobile office and data protection. These services are based on the company’s communications infrastructure, which it describes as technologically advanced and capable of supporting high-speed broadband and advanced multimedia services.

Beyond cellular services, Cellcom Israel states that it also provides additional communications offerings in Israel. These include OTT TV services, internet infrastructure and connectivity services, international calling services, and landline telephone services. Together, these activities position the company as a communications group with operations across mobile, fixed-line, and content-related services within the Israeli market, as described in its public announcements.

Cellcom Israel’s public communications also highlight its corporate governance processes as a publicly traded company. The company regularly convenes annual and special general meetings of shareholders in Netanya, Israel, where shareholders consider items such as audited annual financial statements, appointment or reappointment of independent auditors, election and reappointment of directors, approval of compensation policies for officers, and approval of remuneration terms for chief executive officers. These meetings also address matters such as granting indemnity and exemption letters to office holders and approving changes to the company’s articles of association or compensation policy.

The company’s announcements describe detailed voting procedures for shareholders, including those whose shares are held through the Tel Aviv Stock Exchange clearing system and those whose shares are held via a member of the Depositary Trust Company or are registered directly with the company’s U.S. transfer agent. The company explains that unregistered shareholders may vote through an electronic voting system and that voting cards and related documents must be delivered to the company’s offices within specified timeframes before meetings. These descriptions illustrate how Cellcom Israel structures shareholder participation and voting in accordance with applicable procedures.

Cellcom Israel has also communicated changes in its relationship with U.S. securities markets. In public announcements, the company stated that its shares were voluntarily delisted from the New York Stock Exchange and that it would no longer mail proxy statements to shareholders following that delisting. The company further announced its intention to terminate the registration of its ordinary shares and its reporting obligations under the U.S. Securities Exchange Act by filing a Form 15F with the U.S. Securities and Exchange Commission. According to the company, this filing suspends its SEC reporting obligations, and the termination of registration and reporting obligations is expected to become effective after a specified period, subject to the absence of objections from the SEC.

At the same time, Cellcom Israel has indicated that it will continue to publish English-language reports that it files on the Israeli Securities Authority’s Magna system, making them available to investors. The company notes that these reports are posted on its investor relations channels in accordance with Rule 12g3-2(b) under the Exchange Act. This approach reflects the company’s stated intention to maintain access to its Israeli regulatory disclosures for international investors even after the termination of its SEC registration and reporting obligations.

Through its combination of cellular services, additional communications offerings in Israel, and ongoing corporate governance and disclosure practices, Cellcom Israel presents itself as a communications group operating in the Israeli market. Investors researching CELJF or Cellcom Israel Ltd. can use this information as a starting point for understanding the company’s stated activities, its role as an Israeli cellular provider and communications group, and its approach to shareholder meetings and regulatory reporting as described in its public announcements.