The deal concludes more than a year after Cellcom first announced it would attempt to acquire debt laden Golan Telecom. Regulatory opposition has forced a deal that while financed by Cellcom will retain Golan as a company under separate ownership through Elco Holdings subsidiary Electra Consumer Products.
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Principal Research Analyst, Service Providers & Platforms
Mr. Seth Wallis-Jones, principal research analyst at IHS Markit, covers telecom multiplay strategies for the Service Providers & Platforms team.