CEL - Cellcom Israel signs a term sheet for collaboration via a joint venture with Meshek Energy - Renewable Energy

Cellcom Israel (CEL) has entered a term sheet for collaboration via a joint venture with Meshek Energy - Renewable Energy Ltd, to provide electricity to private and business customers in accordance with the emerging reform of the Israeli Public Services Authority-Electricity to open segments in the production and supply chain of electricity to competition.The company cannot give assurance as such terms and approvals will be met.This activity will not have a material effect on company's results of operations in the coming years.Source

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Cellcom Israel signs a term sheet for collaboration via a joint venture with Meshek Energy - Renewable Energy