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General

Free revenue growth accelerates to 8.6% in Q4

Tuesday 7 March 2017 | 11:12 CET | News
French telecom group Iliad reported FY revenue of EUR 4.72 billion in 2016, representing a 7.0 percent increase on 2015. Revenue growth in the fourth quarter progressed to 8.6 percent, compared to 6.5 percent in the previous quarter. This improvement was supported by healthy mobile customer growth (315,000 net additions from 305,000 in Q3), coupled with the ongoing shift of the subscriber mix towards its higher-tier mobile package, as the EUR 19.99 tariff attracted 75 percent of mobile net additions over the course of 2016. The profitability of the group showed a solid improvement, with a FY

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Categories: General
Companies: Free / Free Mobile / Iliad
Countries: France
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