Cellcom purchase of Golan Telecom approved by Israel regulator
Cellcom (CEL.N) in February offered to pay 590 million shekels ($171 million) for its smaller rival, which is held by Electra Consumer Products (ECP.TA).
The logo of Israel's biggest mobile phone operator Cellcom is seen on the Cellcom building in Netanya, north of Tel Aviv January 28, 2014(photo credit: REUTERS/BAZ RATNER)ByREUTERS