Alice France purchase helps Iliad post sharp rise in Q3 revenues

6 Nov 2008

French alternative broadband and telephony provider Iliad (Free) has posted a 30.2% year-on-year increase in revenues for the three months ended 30 September to EUR399.6 million (USD516.9 million). The company said its results include roughly one month’s worth of operations at Alice France, acquired from Telecom Italia on 26 August. Excluding the impact of the Alice purchase, Iliad’s third-quarter revenue was up 17%, it said.

The group’s broadband business generated the lion’s share of turnover, EUR388.9 million, up 30% on the same period of 2007. Of this, revenue from Free’s consumer broadband business generated EUR355.2 million, while EUR33.2 million and EUR2 million was generated by Alice’s consumer and business broadband segments respectively. Iliad (Free) added a net 141,000 new additions in Q3 2008 to lift its total to 3.28 million by 30 September. The group said it gained 32.4% of French ADSL broadband gains in the third quarter helping to push broadband ARPU up by EUR1.10 to EUR36.40 per month. On a less positive note the group’s voice telephony services were down 16.8% in the period under review at EUR10.9 million.

France, Iliad (Free)