- Co announced today the dismissal with prejudice of the motion for certification as a class action, filed in August 2001 against the Company in the District Court of Tel-Aviv-Jaffa by one of its subscribers and amended (after being transferred to the District Court of Central Region) in 2006.
- The lawsuit alleged collection of air time tariffs and subscriber fees not in accordance with the agreement with the subscribers.

Other headlines for [CEL]

• CEL 12/16/2008 02:26am
  Cellcom Court dismisses class action suit- A purported class action filed against the Company (and another Israeli cellular operator) in the District Court of Tel-Aviv-Jaffa on December 2002, in connection more...
  
• CEL 12/11/2008 06:36am
  Cellcom Update: Discount Investment Corp sells additional 1M shares for ILS86.50/shr- Note: Offering is an addition to the sale of 2.3% stake announced earlier
  
• CEL 12/11/2008 02:58am
  Cellcom Discount investment to sell 2.3M shares of its stake in firm (currently holds 46.4M shares)- Sale in block trade at minimum of ILS86.50/share
  
• CEL 11/12/2008 02:41am
  Cellcom Israel unit announces Sale of 0.8% of its Issued Share Capital by Option Holders- To sell an aggregate of 785.5K shares of the Company, constituting approximately 0.8% of the Company's issued share more...
  
• CEL 11/10/2008 04:57am
  Cellcom Reports Q3 $0.72 v $0.65e, R $482M v $440Me- Q3 Churn 4.4% v 3.6% y/y - Q3 New subscriber adds 40K - Q3 ARPU $45.1 v $45.5 y/y - Q3 MOU 375.4 v 375.7 y/y
  

Telecom sector headlines

• IDCC Today 04:03pm
  InterDigital Communications Corp Signs iWOW to Worldwide 2G and 3G Patent License Agreement; Financial terms not disclosed- The agreement covers the sale of wireless terminal units and infrastructure, including wireless more...
  
• S Today 03:41pm
  Sprint Nextel Corp CEO: weakening economy had only a minor impact on company in Q4
  
• VZ Today 02:47pm
  Verizon Communications Unit wins $108M contract from NASA for conference services- NASA has awarded Verizon Business of Ashburn, Va., a contract to provide conferencing services for the agency. Verizon Business will more...
  
• NOIZ Today 01:00pm
  Micronetics Inc Gets order worth over $8M- New Jersey-based subsidiary, Microwave Concepts has been awarded a firm fixed contract from a leading defense contractor for microwave assemblies used in a high performance more...
  
• Q Today 11:16am
  Qwest Communications International Inc Company notes it is positive on Q4 executions, not foreseeing surprises; expect to continue dividend