Pelephone reports 7.6% rise in net profit

4 May 2005

Israeli wireless operator Pelephone has reported a 7.6% increase in net profit to NIS71.1 million for the three months ended 31 March 2005, on the back of an increase in revenue from NIS1.07 billion to NIS1.11 billion. The company added 48,000 customers in the quarter to take its total to 2.18 million. ARPU fell from NIS153 to NIS145.

Israel, Pelephone