Cellcom Israel Announces Results of Annual General Meeting of Shareholders

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Oct 08, 2015, 02:03 ET

NETANYA, Israel, October 8, 2015 /PRNewswire/ --

Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today that its Annual General Meeting of Shareholders (the "Meeting") was held as planned on October 7, 2015, at which the following items were voted upon and duly approved by the Company's shareholders:

(1-2) the re-election of Shlomo Waxe and Ephraim Kunda as directors;
(3) the approval of an option grant to our CEO, Mr. Nir Sztern;
(4) the approval of the renewal and amendment of our management services agreement with Discount Investment Corporation Ltd.; and
(5) the reappointment of Somekh Chaikin, a member of KPMG International, as our independent auditor.

For more information, please see the Company's Proxy Statement relating to the Meeting, which was filed on Form 6-K on August 17, 2015.

About Cellcom Israel

Cellcom Israel Ltd., established in 1994, is the largest Israeli cellular provider; Cellcom Israel provides its approximately 2.848 million subscribers (as at June 30, 2015) with a broad range of value added services including cellular and landline telephony, roaming services for tourists in Israel and for its subscribers abroad, additional services in the areas of music, video, mobile office etc. and most recently - also television over the internet service in Israel, based on Cellcom Israel's technologically advanced infrastructure. The Company operates an LTE 4 Generation and HSPA 3.5 Generation networks 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. Cellcom Israel further provides through its wholly owned subsidiaries internet connectivity services and international calling services, as well as landline telephone communication services, 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
Shlomi Fruhling
Chief Financial Officer
[email protected]
Tel: +972-52-998-9755

Investor Relations Contact
Ehud Helft
GK Investor & Public Relations In partnership with LHA
[email protected]
Tel: +1-617-418-3096

SOURCE Cellcom Israel Ltd.