Cellcom Israel Ltd. Announces Filing of a Purported Class Action

NETANYA, Israel, November 19, 2014 /PRNewswire/ --

Cellcom Israel Ltd. CEL CEL hereinafter: the "Company") announced today that a purported class action was filed against the Company and another cellular operator recieving hosting services from the Company, by plaintiffs alleging to be subscribers of the defendents, claiming compensation for non monetary damages in connection with allegations that the defendents, unlawfully and in violation of their license and their agreement with their subscribers, failed to provide service to their subscribers during the previously reported network malfunction that the defendents suffered on November 6, 2014. The total amount claimed from the defendents, if the lawsuit is certified as class action is estimated by the plaintiff to be approximately NIS 72 million (although under the calculations detailed elsewhere in the lawsuit- approximately NIS 720 million), of which approximately NIS 60 million (under the said calculations - approximately NIS 606 million) is attributed to the Company. At this early stage the Company cannot assess the lawsuit's chances of success.

About Cellcom Israel  

Cellcom Israel Ltd., established in 1994, is the largest Israeli cellular provider; Cellcom Israel provides its approximately 3.010 million subscribers (as at September 30, 2014)  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 http://www.cellcom.co.il

Company Contact
Shlomi Fruhling
Chief Financial Officer
investors@cellcom.co.il
Tel: +972-52-998-9755

Investor Relations Contact
Ehud Helft
GK Investor & Public Relations In partnership with LHA
cellcom@GKIR.com
Tel: +1-617-418-3096

SOURCE Cellcom Israel Ltd.