Yes grows subscriber revenues

By Julian Clover | November 25, 2008 | 12:40 UK

Revenues at Israeli satellite operator Yes increased by 4.2% in the third quarter to NIS375 million. The increase in revenue came from a 2.7% year-on-year increase in ARPU to NIS226.

EBITDA climbed from NIS 62 million to NIS 111 million, though last year’s results were impacted by the alleged spy ship interference problems that resulted in a temporary disruption to services.

Net loss in the third quarter was NIS82 million compared to a positive result of NIS 70 million, when the company benefitted from a NIS 213 million favorable impact.

Yes closed September 30, 2008 with 556,000 subscribers, up 11,000 from a year ago, and 551,000 from June 30, 2008.