Cellcom Israel

Cellcom Israel chairman Erel resigns

Ami Erel, the chairman of Cellcom Israel, has resigned.  In a succinct statement, the telco confirmed that the chairman will step down from his post effective March 1, 2020. The chairman departs after 15 years in the post. In a letter to management and employees, Erel said: “Together with TZI and an electrical company, we […]

Cellcom and Bezeq both in talks to buy Golan

Telco Cellcom Israel is in talks to acquire Golan Telecom, the operator has confirmed. On February 16, the company issued a statement which said: “Cellcom Israel Ltd. announced today that it is in negotiations with Golan Telecom Ltd.’s, or Golan Telecom, shareholders, in regards to possible purchase of their holdings in Golan Telecom. The Company […]

Cellcom Israel ends labour dispute with workers

Telco Cellcom Israel has reached an agreement with its employees ending a labour dispute, the company has said. The operator’s executives had been under fire from employees following September’s announcement that it was slashing its workforce by a third as part of a programme to shift ILS150 million (€38 million) off the books. This decision […]

Cellcom Israel CEO resigns

Cellcom Israel has announced the plans for CEO Nir Sztern to resign after eight years as CEO.  It is believed that Sztern is the frontrunner take up the reigns as CEO of Paz Oil, after the energy company’s CEO quit over disagreements with the chairman. The news follows the September resignation of Sholem Lapidot, the […]

Cellcom employees walkout after company cuts a third of workforce

Workers at Israel’s largest telco Cellcom walked off the job on Tuesday following an announced major plan to cut costs.  On Monday, September 23, Cellcom announced that it was slashing its workforce by a third as part of a programme to shift ILS150 million (€38 million) off the books. Sholem Lapidot, the CEO of Cellcom’s […]

CEO of Cellcom Israel holding company quits as company announces job cuts

Cellcom Israel has announced the resignation of Sholem Lapidot from its board. The announcement follows his resignation from the position of CEO of Discount Investment Company (DIC), the indirect controlling shareholder of Cellcom. The company has announced that Eran Saar. the new CEO of DIC, will take up the mantle until Cellcom’s next general shareholders […]

Cellcom Israel VP marketing quits

Yoni Sabag, the VP of marketing at Cellcom Israel, is to leave the company, a statement has confirmed.  Sabag has held the position for eight years and will continue in the position until his replacement has been appointed.  Nir Stern, the company’s CEO, said: “Yoni successfully led the marketing division and was a pivotal factor […]

TV subs up despite larger than expected losses for Cellcom

Cellcom has seen a significant year-over-year increase in TV subscribers. The mobile operator, Israel’s largest, saw an increase of 22.6% to its TV subscribers, up from 195,000 to 239,000 year-over-year. In Q2, that increase was around 12,000 subscribers. However, this boost will serve as little comfort to the company that saw net losses of NIS35 […]