CELLCOM ISRAEL : ANNOUNCES ISRAELI MINISTRY OF COMMUNICATIONS RESOLUTION RE. 2G AND 3G TECHNOLOGIES SHUTDOWN (Form 6-K)

CELLCOM ISRAEL ANNOUNCES ISRAELI MINISTRY OF

COMMUNICATIONS RESOLUTION RE. 2G AND 3G

TECHNOLOGIES SHUTDOWN

Netanya, Israel - June 28, 2021 - Cellcom Israel Ltd. (TASE: CEL) (hereinafter: the 'Company') announced today that following its previous report regarding a hearing published by the Israeli Ministry of Communications, or MOC, regarding the shutdown of 2G and 3G networks (the 'Old Technologies') until 2025 year-end, on June 27, 2021, the Company received the MOC resolution which, determines, among others, the shutdown of service by the Old Technologies on December 31, 2025 (the 'Due Date') (with an option to advance such date to January 1, 2025, subject to certain conditions) and certain interim arrangements until the Due Date. In addition, frequency bands initially allocated for the Old Technologies were extended until 2030 year-end, for usage also with more advanced technologies. The Company is examining the effect of the MOC's resolution on its amortization expenses reflected in the financial statements in light of the change in the fixed and tangible assets' lifetime attributed to the Old Technologies.

For additional details see our 2020 annual report on Form 20-F, dated April 28, 2021, under Item 3. Key Information -D. Risk factors - Risks Related to our Business - We may be adversely affected by the significant technological and other changes in the telecommunications industry'.

Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services. Cellcom Israel is the largest Israeli cellular provider, providing its cellular subscribers with a broad range of services including cellular telephony, roaming services, text and multimedia messaging, advanced cellular and data services and other value-added services in the areas of mobile office, data protection etc., based on Cellcom Israel's technologically advanced infrastructure. The Company operates advanced networks enabling high-speed broadband and advanced multimedia services. Cellcom Israel offers nationwide customer service including telephone customer service, retail stores, and service and sale centers. Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel.

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