Cellcom to acquire rival Golan Telecom for NIS 590 million

The agreement is expected to receive approval from the directors of Electra Consumer Products, the parent company of Golan Telecom, later in the day.

Logos of Israeli mobile phone company Cellcom, are seen on a mobile phone in this picture illustration taken in Jerusalem December 19, 2019.

Logos of Israeli mobile phone company Cellcom, are seen on a mobile phone in this picture illustration taken in Jerusalem December 19, 2019.

(photo credit: RONEN ZVULUN/REUTERS)

FEBRUARY 18, 2020 19:49

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