FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For
March
12, 2007
Commission
File Number: 001-33271
CELLCOM
ISRAEL LTD.
10
Hagavish Street
Netanya,
Israel 42140
________________________________________________
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form
20-F
__X__ Form
40-F
_____
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
Indicate
by check mark whether the registrant by furnishing the information contained
in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes
_____ No __X__
If
“Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): Not
Applicable
CELLCOM
ISRAEL LTD. ANNOUNCES THAT IT GRANTED 30,786 OPTIONS UNDER
ITS 2006 SHARE INCENTIVE PLAN TO CERTAIN SENIOR EMPLOYEES
ITS 2006 SHARE INCENTIVE PLAN TO CERTAIN SENIOR EMPLOYEES
Netanya,
Israel - March
12, 2007 -
Cellcom
Israel Ltd. (NYSE: CEL) (“Cellcom”)
announces that on March 11, 2007, it granted certain of its senior employees
options to purchase an aggregate of 30,786 ordinary shares of Cellcom, at an
exercise price of $12.60 per share, under the terms of its 2006 Share Incentive
Plan.
About
Cellcom
Cellcom
is the leading Israeli cellular company; Cellcom entered the market in 1994
and
today provides services to more than 2.8 million subscribers representing
approximately 34% market share. Cellcom offers its subscribers a broad range
of
value added services including video streaming services, JAVA games, Multi
Media
Messages, content and multimedia services and more. In addition, Cellcom offers
a wide range of cellular telephony services to both the private and business
sectors including virtual private network (VPN), global roaming, voice-activated
dialing and conference calling. Cellcom operates UMTS/HSDPA, GSM/GPRS/EDGE
and
TDMA networks. Cellcom also offers landline transmission and data services
to
business customers and telecommunications operators and, since July 2006, offers
landline telephony services to selected businesses. For
additional information please visit the Company's website http://www.cellcom.co.il/Cultures/en-US/InvestorRelations.
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Company
Contact
Shiri
Israeli
Investor
Relations Coordinator
investors@cellcom.co.il
Tel:
+972 52 998 9755
|
Investor
Relations Contact
Ehud
Helft / Ed Job
CCGK
Investor Relations
ehud@gkir.com
/
ed.job@ccgir.com
Tel:
(US) 1 866 704 6710 / 1
646-213-1914
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2
Signatures
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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CELLCOM
ISRAEL LTD.
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Date:
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March
12 , 2007
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By:
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Li/s/
Liat Menahemi Stadler
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Name:
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LiLiat
Menahemi Stadler
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Title:
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G
General Counsel
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