Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Cellcom Israel CEO Discusses Q1 2012 Results - Earnings Call Transcript

Stock quotes in this article: CEL 

Cellcom Israel (CEL)

Q1 2012 Earnings Call

May 15, 2012 10:00 AM ET



Executives

Porat Saar - CCG Investor Relations

Nir Sztern - CEO

Yaacov Heen - CFO



Analyst



David Kaplan - Barclays

James Breen - William Blair

Michael Clark - Citibank

Dan Harvard - Deutsche Bank

Maura Shaughnessy - MFS



Presentation



Operator

Welcome to the Cellcom Israel Ltd. First Quarter 2012 Results Conference Call. (Operator Instructions). I would now like to hand over the call to Ms. Porat Saar of CCG Investor Relations Israel. Ms. Saar, please go ahead.

Porat Saar

Thank you 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 today are Mr. Nir Sztern, CEO and Mr. Yaacov Heen, CFO. Mr. Sztern will open by providing a summary of the main highlights of the first quarter 2012 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 our listeners that in this call management’s prepared remarks contain forward-looking statement which are subject to risk and uncertainties and management may make additional forward-looking statements in response to your questions.

Therefore, the company claims the protection of the Safe Harbor for forward-looking statements that is contained in the Private Securities Litigation Reform Act of 1995 and in the Israeli Securities Law 1968.

Actual results may differ from those discussed today and therefore we refer you to a more detailed discussion of the risks and uncertainties in the Company's filings with the Securities and Exchange Commission, including under Risk Factors in the Company's Annual Report for the year ended December 31st, 2011 20-F on March 7, 2012 with the SEC.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,511.83 124.25 0.81%
NASDAQ 3,517.64 15.52 0.44%
S&P 500 1,679.18 10.02 0.60%
US 10 Yr 1.970% +0.026

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs