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BRIEF-Cellcom Israel reports first quarter EPS of ILS 0.25

May 24 Cellcom Israel Ltd

* Cellcom Israel announces first quarter 2017 results

* Q1 earnings per share ILS 0.25

* Q1 revenue fell 6.2 percent to ILS 959 million

* Qtrly service revenues totaled NIS 739 million ($203 million) compared to NIS 774 million ($213 million) in Q1 last year

* Free cash flow totaled NIS 66 million ($18 million) in quarter compared to NIS 149 million ($41 million) in Q1 last year

* Cellular subscriber base totaled approximately 2.792 million subscribers at end of March 2017

* Q1 churn rate for cellular subscribers was 12.0 percent versus 11.1 percent in Q1 2016

* Monthly cellular ARPU in Q1 2017 was NIS 60.2 versus NIS 65.2 in Q1 last year Source text for Eikon: Further company coverage:

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