Q1 2007 CELLCOM ISRAEL LTD Earnings Conference Call - Final.

Original Source: FD (FAIR DISCLOSURE) WIRE

OPERATOR: Ladies and gentlemen, thank you for standing by. Welcome to Cellcom Israel Ltd.'s first quarter 2007 results conference call. (OPERATOR INSTRUCTIONS). As a reminder, this conference is being recorded May 14, 2007.

I would now like to hand over the call to Mr. Ehud Helft of CCGK Investor Relations. Mr. Helft, would you like to begin?

EHUD HELFT, IR, CCGK INVESTOR RELATIONS: Thank you, operator. Good day to everybody. I would like to welcome all of you to the conference call and thank Cellcom management for hosting this call. With us on the call today are Mr. Amos Shapira, CEO, and Mr. Tal Raz, CFO of Cellcom. Mr. Shapira will open the call by giving a summary of the main highlights of the first quarter, followed by Mr. Tal Raz, who will review Cellcom's financial performance in the first quarter of 2007.

Before I begin-- Before I turn over the call to Mr. Shapira, I would like to remind our listeners that in this call management's prepared …