Cellcom Israel Announces Dismissal of Purported Class Action
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| Posted
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Mon, 09 Nov 2009 06:51:53 GMT |
| Author
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Cellcom Israel Ltd. |
| Category
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Press Release |
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NETANYA, Israel, November 9 /PRNewswire-FirstCall/ -- Cellcom Israel Ltd.
(NYSE: CEL) (TASE: CEL) (hereinafter: the "Company"), announced today the
dismissal of a purported class action filed against the Company in May 2009,
in the District Court of Tel-Aviv-Jaffa, by two plaintiffs alleging to be the
Company's subscribers, in connection with allegations that the Company
unlawfully charged its subscribers for cellular internet "surfing packages"
without obtaining their consent. The motion for certification as a class
action was dismissed without prejudice and the lawsuit was dismissed with
prejudice, at the plaintiffs' request. Had the lawsuit been certified as a
class action, the total amount claimed from the Company was estimated by the
plaintiffs to be approximately NIS 1.2 billion.
About Cellcom Israel
Cellcom Israel Ltd., established in 1994, is the leading Israeli cellular
provider; Cellcom Israel provides its approximately 3.228 million subscribers
(as at June 30, 2009) 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.
IR Contacts
Fiona Darmon / Ed Job
CCGK Investor Relations for Cellcom Israel
investors@cellcom.co.il / cellcom@gkir.com
Tel: (US) +1-646-797-2868 / +1-646-213-1914
SOURCE Cellcom Israel Ltd.
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Copyright © 2008
PR Newswire. All rights reserved.
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