Iliad sees strong growth, driven by Italy and more Latest news here


French and international service provider Iliad Group posted strong growth in the second quarter in its French and international markets, with notable growth in Italy.

Despite what it described as an “extremely competitive environment” in Italy, Iliad added 68,000 clients to its recently launched fixed offer, as well as 257,000 mobile clients.

In its main French national market, Iliad, which operates as Free in the French market, added 67,000 new fixed and 120,000 mobile customers.

In Iliad’s third market, Poland, where it recently acquired Liberty Global-owned cable operator UPC Polska and is focused on integrating it with its existing Play mobile operation, the group added 41,000 fixed customers and 82,000 mobile customers.

Overall, the group had 13.858 million mobile customers as of June 30, including its vast base in France’s overseas territories.

EBITDA after leases amounted to 1,580 million euros, 10.1% more in comparable terms, driven in particular by Italy, where profits grew by 82 million euros.

Revenue increased 7.1% in France, 16.8% in Italy and 1.8% in Poland. Overall revenue growth for the first half was 8.1%, bringing its total to €4,024 million.

“The Iliad Group can announce this morning, with pride and humility, very good results in the three countries where we operate. Pride because we have developed a growth model that is unique among pan-European telecommunications operators. Humility because these very good results are the result of years of investment in our networks and innovation policy. We have all the assets, especially strategic and financial, despite the current international dangers, to continue growing”, said Thomas Reynaud, CEO.

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