Cellcom Israel revenue falls 4% in Q1

Thursday 21 May 2020 | 09:36 CET | News
Cellcom Israel reported a 3.9 percent decrease in revenues for the first quarter ended 31 March to ILS 892 million from ILS 928 million in Q1 2019. The fall is attributed to a 16.0 percent decrease in equipment revenues, which was partially offset by a 0.6 percent increase in service revenues. Operating income increased 100.0 percent to ILS 18 million from ILS 9 million in 2019. Adjusted EBITDA increased 8.9 percent to ILS 244 million from ILS 224 million in 2019, 27.4 percent of revenues, up from 24.1 percent in 2019. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Cellcom Israel
Countries: Israel
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Kaltura to migrate Cellcom TV to the cloud

Published 29 Sep 2020 10:44 CET | Israel
Kaltura has announced that it has been selected to power Cellcom TV, Israel's first OTT service, with over 250,000 households ...

Cellcom Israel faces lawsuit for misleading customers

Published 06 Aug 2020 10:11 CET | Israel
Cellcom Israel announced that it has been taken to court over allegations that the company misled its customers by failing to ...

American Tower in talks with Israeli mobile carriers - report

Published 05 Aug 2020 09:58 CET | Israel
Accounting firm Ernst and Young (EY), which represents American Tower, is reportedly in negotiations with Israeli mobile ...

Cellcom Israel standardises on K2View as platform for DataOps & MDM

Published 23 Jun 2020 10:04 CET | Israel
K2View, provider of DataOps and data management products, said that Cellcom Israel is using K2View Fabric as a platform for ...

Cellcom Israel announces CFO resignation

Published 20 May 2020 11:02 CET | Israel
Cellcom Israel has announced that chief financial officer Shlomi Fruhling has informed the company of his intention to resign in ...

Cellcom Israel's VP sales and service set to resign

Published 14 May 2020 11:05 CET | Israel
Cellcom Israel has announced that Amos Maor, VP of sales and service for private customers, has expressed his intention to resign ...

Cellcom Israel accepts portion of public offers for securities

Published 12 May 2020 09:38 CET | Israel
Cellcom Israel says the public tender for its Series L debentures and Series 4 options to purchase its ordinary shares has been ...

Cellcom Israel files supplemental shelf offering report

Published 11 May 2020 10:15 CET | Israel
Cellcom Israel said it has filed a supplemental shelf offering report with the Israel Securities Authority and the Tel Aviv Stock ...

Cellcom sees lower revenue, net loss in Q1 as Covid-19 hurts roaming, handset sales

Published 06 May 2020 10:11 CET | Israel
Cellcom Israel says total revenues for the first quarter ended 31 March are estimated at ILS 885-900 million, adjusted EBITDA at ...