Israel’s Cellular Market Is Aboil After Hot Announces Surprise Accord With Golan

Spurned suitor Cellcom Israel says it will seek NIS 900 million in compensation as cellular shares tumble.

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Israel’s cellular industry boiled on Monday after Golan Telecom announced a tie-up with Hot Telecom and Cellcom Israel said it would seek 900 million shekels ($233 million) in compensation from Golan for...