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Wireless

Iliad grows to 2.8 mln customers in Italy, revenues hit EUR 125 mln

Tuesday 19 March 2019 | 09:49 CET | News
France's Iliad described the performance of its Italian venture in the 7 months since launching as "a resounding commercial success", with customer numbers growing to 2.8 million at the end of December from 2.2 million in September and 1.5 million in early August. Iliad entered the Italian market as the country's fourth mobile network operator on 29 May and the new unit contributed a total of EUR 125 million to the parent company's revenues in the July to December period. The Italian unit's operating losses came to EUR 52 million in the 7 months following an investment of EUR 261 million on

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Categories: Mobile & Wireless
Companies: Free Mobile / Iliad Italia
Countries: Italy
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