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	<title>Stock Blog Hub &#187; Cellcom Israel Limited</title>
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		<title>(CEL) Cellcom Israel&#8217;s Fourth Quarter Earnings Beat Expectations</title>
		<link>http://www.stockbloghub.com/2010/03/03/cel-cellcom-israels-fourth-quarter-earnings-beat-expectations/29512</link>
		<comments>http://www.stockbloghub.com/2010/03/03/cel-cellcom-israels-fourth-quarter-earnings-beat-expectations/29512#comments</comments>
		<pubDate>Wed, 03 Mar 2010 23:09:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[CEL]]></category>
		<category><![CDATA[Cellcom Israel Limited]]></category>

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		<description><![CDATA[Telecom operator Cellcom Israel Ltd.’s (CEL) fourth-quarter net income grew 11.5% year over year, primarily driven by strong demand for content and value-added services. The company reported earnings of NIS271 million ($72 million), or NIS2.75 (73 cents) per share, compared to NIS243 million ($64 million), or NIS2.48 (66 cents) per share in the year-ago quarter. The result also came in ahead of the Zacks Consensus Estimate of 69 cents derived from 5 covering analysts. Total revenue logged a growth of 4.3% to NIS1.64 billion ($434 million) from NIS1.57 billion in the year-ago period. The increase was mainly the result of 1.5% increase in revenue from services to NIS1.45 billion ($383 million) coupled with a 30.4% growth in handset and accessories revenue to NIS193 million ($51 million). The expansion in Cellcom’s ]]></description>
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