March 04, 2013 at 06:22 AM EST
UPDATE 1-Cellcom sees further revenue, profit declines in Q1
JERUSALEM, March 4 (Reuters) - Cellcom, Israel's largest mobile phone operator, reported a 49 percent rise in quarterly net profit due to cost-cutting steps, and projected further declines in revenue and profit in the first quarter of 2013 amid intense competition.
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