Israeli DTH platform Yes has grown its installed base for the 6th successive quarter. An additional 11,000 subs were added in the third quarter to reach a total of 623,000 subscribers as at September 30, 2014.
“This is the sixth quarter in a row that we have posted an increase in the number of subscriber households, with an impressive 11,000 new subscribers and growth across all financial metrics. We are pleased to see that our focus on high-quality service, cutting edge television content from around the world, and value-added services such as the launch of the largest free VOD library in the multi-channel TV market, are reflected in our customer satisfaction ratings,” said CEO Ron Eilon.
EBITDA in the third quarter of 2014 grew 8.8% to NIS 151 million (€31.92 million), compared with NIS 138 million in the year ago quarter.
Operating profit in the third quarter of 2014 amounted to NIS 76 million compared with NIS 72 million, an increase of 4.5%.