The average revenue per user (ARPU) was NIS 49, a decrease of NIS 2 from the third quarter. Also in this quarter, the average revenue per user is affected by the lack of revenue from roaming services in light of the stagnation in the tourism industry. The number of post-pay subscribers increased by 58,000 in the quarter, and since the beginning of the year, the number of post-pay subscribers has increased by 179 thousand subscribers. Abandonment rates continued to be low at 7.2%.
Revenues from cellular services amounted to NIS 416 million, an increase of NIS 1 million compared to the previous quarter and a decrease of NIS 29 million compared to the corresponding period. Revenues from equipment sales increased in the quarter to NIS 176 million and profitability rates stood at about 22.5%. Of good partners and show stability in relation to the challenging period.
“Looking ahead to next year, the long-awaited return of flights is expected to improve the company’s cash flow and profitability rates. In the longer term we believe that Partner’s market share in fiber combined with the trend of raising prices towards the 5th generation of mobile will support a significant improvement in results.” Recommendation of an excess return per share and raising the target price to NIS 21 per share. ”