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General

Iliad's dramatic Q1 forces intervention and a refocus on innovation

Tuesday 15 May 2018 | 15:41 CET | Author: Tim Poulus | Market Commentary
Iliad reported disappointing first-quarter results, with fixed revenues down 1.6 percent. The company points to the weak spots, presumably the result of competitors Altice and Bouygues scrambling to overcome Iliad's assault on the mobile market, which started way back in 2012. Iliad is quick to take action, on several levels, and appears determined to regain its growth profile and prevent permanent damage to its brand image. For now, investors are abandoning ship, leading to a share price drop of around 17 percent.

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Categories: General
Companies: Altice Europe / Bouygues Telecom / Eir / Iliad / Orange France / Salt
Countries: Europe / France
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EUR 228 million
fixed telephony revenues
Netherlands  |  2018 Q2

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