NETANYA, Israel, Aug. 16, 2018/PRNewswire / -- Nir Sztern, Cellcom Israel`s CEO said: `This quarter concluded with a loss, due to several specific events which burdened the Company`s expenses, primarily a retirement of approximately 200 employees, which resulted in an expense of approximately NIS 26 million. The positive effect of reduction of the Company`s expenses, shall be seen from the next quarter Despite the fierce competition, the Company succeeded to maintain the revenue level as compared with the first quarter of 2018, with total revenues of NIS 927 millionin this quarter, compared to NIS 933 millionin the first quarter (a decrease of approximately 0.6%), among others, through a...
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