Iliad (Free) reports 5% rise in Q3 sales

15 Nov 2011

French alternative broadband, TV and telephony provider Iliad (Free) says revenue for the three months to 30 September 2011 climbed 5% year-on-year to EUR537 million (USD732 million), driven by strong subscriber acquisitions. The operator, which markets triple-play services under the brand name Free, added a net 73,000 new users in the period for a total of 4.79 million customers by end-September. Iliad said its average revenue per user (ARPU) was stable at EUR35.50 for the third quarter, while customers who have signed up for its premium set-top box offer spent EUR38 per month. The altnet is preparing to launch a new mobile service in France to take the challenge to larger rivals France Telecom-Orange and Vivendi-backed SFR. Iliad currently commands third spot in terms of fixed telecoms market share in France, behind the aforementioned telcos, but ahead of Bouygues Telecom.

France, Iliad (Free)