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Thursday, May 20, 2021

Israeli mobile operator Cellcom posts first profit since 2018 in Q1

Cellcom, which de-listed from the New York Stock Exchange in February, said on Thursday it earned 7 million shekels ($2.2 million) in the January-March period, versus a 43 million shekel loss a year earlier. Boosted by a merger with smaller rival Golan, revenue rose 15.8% to 1.03 billion shekels.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3bKAqLf

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