Cellcom Israel gets OK to share network with Xfone

Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) have gotten approval from Israeli Antitrust commissioner for its network sharing and hosting agreement with Marathon 018 Xfone Ltd, the company said.

The previously reported further negotiations with Xfone, the Israeli Antitrust commissioner has approved the Original Agreement, subject to the annulment of a certain provision. The Original Agreement further requires the approval of the Israeli Ministry of communications.

Cellcom Israel, established in 1994, provides its approximately 2.812 million cellular subscribers with a broad range of value added services including cellular 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.