Subscriber numbers at Israel’s Yes slipped by 7,000 on the quarter as the Beseq-owned operator prepared to begin the transition from satellite to online delivery.
Ran Guron, CEO of yes, said its strategic alliance with Apple would deliver the most advanced streaming service in Israel.
“This marks the start of our transition from satellite-based broadcasting to Internet-based broadcasting, which is a significant change in the Company’s history,” said Guron. “Even now, just a few short weeks after the launch, we can already see that the service is in high demand, with thousands of new subscribers.”
As at September 30, 2019, the total number of subscribers was 558,000.
Revenues in the third quarter of 2019 were NIS 334 million, compared to NIS 367 million in the same quarter of 2018, a decrease of 9.0%.
The company is working with unions to reduce its headcount.