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Cellcom Israel Announces Filing Lawsuit Against Sharing Network Partner


Cellcom Israel Announces Filing Lawsuit Against Sharing Network Partner
USA - English
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NETANYA, Israel, Feb. 8, 2021 /PRNewswire/ Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the Company ) announced today that following its previous announcements regarding Marathon 018 Xfone Ltd. s, or Xfone, the Company s cellular sharing network partner, breach of its monthly payment obligations under the sharing network agreement and annulment notice of the agreement which Company rejects, the Company filed today a lawsuit against Xfone and its controlling shareholder for the enforcement of the network sharing agreement and payment of unpaid monthly payments in the amount of approximately NIS 34 million, with the Tel-Aviv District Court. The Company further filed for an interim injunction to prevent Xfone from entering any contradicting agreement to the network sharing agreement with the Company. ....

Tel Aviv , Shai Amsalem , York Stock Exchange , Aviv District Court , Company Contact , Cellcom Israel Ltd , Xfone Ltd , Cellcom Israel , Prnewswire Cellcom Israel Ltd , Tel Aviv Stock Exchange , Tel Aviv District , Israel Ltd , New York Stock Exchange , தொலைபேசி அவிவ் , யார்க் ஸ்டாக் பரிமாற்றம் , அவிவ் மாவட்டம் நீதிமன்றம் , நிறுவனம் தொடர்பு , செல்காம் இஸ்ரேல் லிமிடெட் , செல்காம் இஸ்ரேல் , தொலைபேசி அவிவ் ஸ்டாக் பரிமாற்றம் , தொலைபேசி அவிவ் மாவட்டம் , இஸ்ரேல் லிமிடெட் , புதியது யார்க் ஸ்டாக் பரிமாற்றம் ,