MergerLinks Header Logo

Announced

Completed

Cellcom completed the acquisition of Golan Telecom for $171m.

Synopsis

Cellcom Israel, a communications group, completed the acquisition of Golan Telecom, an Israeli mobile telecommunications provider, for $171m. Pelephone is Israel’s third-largest mobile phone operator. Its bid is the latest in a likely trend of consolidation in the mobile phone sector, as revenue has plunged and companies are barely profitable in the wake of intense competition.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US