NETANYA, Israel, March 17 /PRNewswire-FirstCall/ -- Cellcom Israel Ltd.
(NYSE: CEL) (TASE: CEL) (hereinafter: the 'Company'), announced today that a
purported class action lawsuit was filed against the Company, its chief
executive officer and some of its directors, in the District Court of Central
Region, by a plaintiff alleging to be a subscriber of the Company. The
plaintiff alleges that the Company unlawfully sent its subscribers commercial
messages.
If the lawsuit is certified as a class action, the total amount claimed
from the Company is estimated by the plaintiff to be approximately NIS 800
million.
At this preliminary stage, the Company is unable to assess the lawsuit's
chances of success.
About Cellcom
Cellcom Israel Ltd., established in 1994, is the leading Israeli cellular
provider; Cellcom Israel provides its approximately 3.187 million subscribers
(as at December 31, 2008) with a broad range of value added services
including cellular and landline 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 HSPA 3.5 Generation network
enabling advanced high speed broadband multimedia services, in addition to
GSM/GPRS/EDGE and TDMA 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 its
customers technical support, account information, direct to the door parcel
services, internet and fax services, dedicated centers for the hearing
impaired, etc. As of 2006, Cellcom Israel, through its wholly owned
subsidiary Cellcom Fixed Line Communications L.P., provides landline
telephone communication services in Israel, in addition to data communication
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://www.cellcom.co.il
Company Contact
Shiri Israeli
Investor Relations Coordinator
investors@cellcom.co.il
Tel: +972-52-998-9755
Investor Relations Contact
Ehud Helft / Ed Job
CCGK Investor Relations
info@gkir.com / ed.job@ccgir.com
Tel: (US) +1-646-797-2868 / +1-646-213-1914
SOURCE Cellcom Israel Ltd.
