|By PR Newswire||
|April 16, 2014 04:23 AM EDT||
NETANYA, Israel, April 16, 2014 /PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company"), announced today that it selected Nokia Solutions and Networks, a worldwide leading network manufacturer, for the supply of its 4G network. The Company intends to commence a rapid deployment of the network, which also supports LTE Advanced technology (4.5 generation), immediately and expects to achieve a wide and high quality deployment of the network by the end of the year. The operation of the network as well as its LTE Advanced qualities is subject to the regulator's approvals and availability of spectrum.
For additional details see the Company's most recent annual report on form 20-F for the year ended on December 31, 2013, filed on March 6, 2014 under "Item 3. Key Information – D. Risk Factors – Risks related to our business – We may be adversely affected by significant technological and other changes in the cellular communications industry; network sharing agreements, if approved, may have material adverse effects on our business" and "Item 4. Information on the Company - B. Business Overview – Network and Technology."
About Cellcom Israel
Cellcom Israel Ltd., established in 1994, is the largest Israeli cellular provider; Cellcom Israel provides its approximately 3.092 million subscribers (as at December 31, 2013) 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 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 through its wholly owned subsidiaries internet connectivity services and international calling services, as well as 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 www.cellcom.co.il
Investor Relations Contact
Chief Financial Officer
GK Investor & Public Relations In partnership with LHA
Tel: +972 52 998 9755
Tel: +1 617 418 3096
SOURCE Cellcom Israel Ltd.
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