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Cellcom Israel's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Cellcom Israel Ltd. (CEL)

Q4 2011 Earnings Call

March 07, 2012 09:00 AM ET

Executives

Porat Saar – CCG, Investor Relations

Nir Sztern – CEO

Yaacov Heen – CFO

Analysts

David Kaplan – Barclays Capital

Bill Rosenberg – RBC Capital Markets

Maura Shaughnessy – MFS Investment Management

Louie DiPalma – William Blair

Dan Howard – Deutsche Bank

Presentation

Operator

Welcome to the Cellcom Israel Ltd Fourth quarter and Year End 2011 Results Conference Call. (Operator Instructions). I would now like to hand the call over to Ms. Porat Saar of CCG Investor Relations. Ms. Saar, would you like to begin.

Porat Saar

Thank you Rachel. I would like to welcome all of you to the conference call and thanks Cellcom Israel’s Management for hosting this call today. With us here are Mr. Nir Sztern, CEO and Mr. Yaacov Heen, CFO.

Mr. Sztern will open by providing a summary of the main highlight for the fourth quarter and full year 2011 results followed by Mr. Heen who will review Cellcom Israel’s financial performance in further detail. Before I turn the call over to Mr. Sztern I would like to remind everyone within this call management’s prepared remarks contains forward-looking statements which are subject to risk and uncertainties and management may make additional forward-looking statements in response to your questions. Therefore the company claims protection of the Safe Harbor for forward-looking statements that is contained in the Private Securities Reform Act of 1995 and in this Israeli Securities Law of 1968.

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