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Yes boosts profits despite subscriber loss

March 30, 2017 11.43 Europe/London By Julian Clover

Israeli satellite platform Yes lost 3,700 on the quarter, but was able to grow ARPU by 0.9%.

As of the fourth quarter of 2016 Yes held 614,000 subscribers; ARPU stood at NIS 235.

Ron Eilon, CEO of Yes, said: “As the leading multi-channel television provider in Israel, we remain at the fore-front of the global television industry. We were the first in Israel to announce, together with the largest operators in the world, the start of 4K broadcasting, which launched this month.”

Revenues in 2016 reached NIS 1.75 billion compared to NIS 1.77 billion in 2015, a decrease of 1.6%.

Operating profit in 2016 totaled NIS 264 million compared to NIS 250 million in 2015, an increase of 5.6%.

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Filed Under: Newsline, Satellite Edited: 30 March 2017 11:43

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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