Iliad raises profit, sales on strong customer additions

Nieuws Algemeen Frankrijk 12 MAR 2015
Iliad raises profit, sales on strong customer additions

French telecom group Iliad, whose main asset is broadband operator Free, reported revenue up 11 percent to EUR 4.17 billion in 2014, ahead of its initial target and compared with EUR 3.75 billion a year earlier. The company gained market share in both fixed broadband and mobile. Broadband revenue rose by 3 percent to EUR 2.56 billion as it attracted over 228,000 new customers to reach a total of 5.87 million and achieved an ARPU of over EUR 35 a month. Mobile revenue rose by 28 percent to EUR 1.61 billion as the operator added over 2 million new subscribers to reach a total of 10.11 million, or an around 15 percent share of the national market. It boosted handset sales thanks to new financing plans and the iPhone 6 effect.

Iliad’s EBITDA improved by 7 percent to EUR 1.28 billion and net profit increased by 5 percent to EUR 278 million. Iliad has now installed xDSL equipment in almost 7,000 unbundled exchanges and has completed its VDSL migration.

The group plans to pursue FttH rollouts and increase the pace of broadband customer additions aims to control a 25 percent share of the market in the long term. Iliad also intends to install over 1,500 mobile sites this year and to offer around 60 percent population coverage with its 4G network by the end of the year. Its 3G network has met the 75 percent population coverage target, excluding the use of Orange France 3G antennas.

Categories:

Algemeen

Companies:

Free,  Iliad

Countries:

Frankrijk

Tags:

Voice services, Data services, 3G, Messaging, Sales figures, Financial figures, xDSL, Wireline, Internet Access, 4G - LTE

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