Cellcom

Mobile communications, internet & telephone operator.

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Analyses on Cellcom (6)

July 2, 2026
July 2, 2026
1. Nofar and Cellcom Energy turn storage into an NIS 820 million electricity contract before financing is closed
  The agreement between Nofar Israel and Cellcom Energy turns private storage into a commercial electricity contract with 100MW, 500MWh and about NIS 820 million over 15 years. The economic value depends on facility construction, grid connection, market-model assignment, daily ava…
  +1
May 20, 2026
May 20, 2026
1. Follow-up
  Cellcom and IBC After the Arrangement: temporary quiet does not close the exposure
  The procedural arrangement with IBC reduces near-term cash friction, but it does not cap the IRU exposure, so the IBC sale is still not a clean economic exit.
2. Cellcom in Q1 2026: profit held, cash is still the test
  Cellcom opened 2026 with a core business that held profit and cash flow, but the quarter still does not prove that post-IBC and post-dividend cash is truly available for new capital allocation.

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