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Our average revenue per minute declined in Q4 to 5. The increase was partially offset by a decrease in average revenue per minute resulting from competitive pressures and regulatory intervention including the approximate 10% reduction in interconnect tariffs which went into effect on March 1st 2007, as part of the Ministry of Communications' program of mandated gradual reductions from 2005 to 2008, as well as the regulation restricting our ability to charge for calls directed to voice mail which went into effect January 1st 2007. Both increases resulted mainly from services revenue growth, reflecting subscriber base growth, an improvement in the quality of the subscriber base, higher average minutes of use, as well as an increase in content and data revenues, partially offset by a decrease in average revenue per minute as a result of regulatory intervention and competitive pressures. |
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