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Re: optimus203 post# 76

Wednesday, 03/07/2012 2:55:54 PM

Wednesday, March 07, 2012 2:55:54 PM

Post# of 140
Hard to say, Optimus. Israel has been adamant about reducing the cost-of-living in Israel. One way was to allow competition in the cellcom sector. Celcom lost it's monopoly, then got sued various times for "fuzzy math" charges to their clients. Now the government is making the MMs in their country give up their control. Celcom has now dropped it's dividend back to $.24, which after paying the 20% foreign tax, makes Celcom a lot less lucrative, though still better than most U.S. stocks. I believe there are still some outstanding lawsuits over excessive charges to their customers.
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