Cellcom Israel Ltd. (NYSE:CEL)
CAPS Rating:
The Company is a provider of cellular communications services in Israel. It offers a range of cellular services through its cellular networks.
The Company is a provider of cellular communications services in Israel. It offers a range of cellular services through its cellular networks.
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Recs
Dividend yield
please be advised that the dividend isn't sustainable.
the entire Israeli telecom industry is currently going through a serious earthquake, caused by new government regulations and increasing competition (2 new companies will join on march 2012).
Just for comparison, PTNR recently cancelled its high dividend payout, might be an indicator for a sector failure.