- Cellcom Israel (NYSE:CEL -1.3%) says that one of the two third parties interested in a purchase of Golan Telecom has withdrawn from that intention.
- Cellcom had entered a network sharing and hosting agreement with Marathon 018 Xfone, one of the suitors for Golan. The other -- a "group of investors" -- has notified Cellcom that it's out of the action.
- The network sharing agreement -- expected to be worth 220M-250M shekels a year -- will likely be signed with whomever finally purchases Golan Telecom.