Cellcom Israel Completes Sale of IBC Holdings for NIS 520 Million

Cellcom Israel Ltd. has completed the sale of all its holdings in IBC (Unlimited) Holdings Limited Partnership and in the general partner of the IBC Partnership. Following the receipt of approvals from the Ministry of Communications and IBC's financing parties, the transaction was finalized on October 31, 2025. Cellcom received approximately NIS 520 million as consideration, and the company expects to report a pre-tax profit of around NIS 400 million, primarily as a capital gain, in the fourth quarter of 2025.

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