Free Mobile gets off to flying start

15 May 2012

France’s Iliad Group has revealed that its new low-cost cellular network operator Free Mobile garnered 2.61 million subscribers between its launch on 10 January and 31 March 2012, giving it around 4% of the overall French mobile market in less than three months. On top of the cellular subscriber growth, the group’s fixed broadband customer base also continued to rise, from 4.85 million at end-2011 to 5.04 million three months later.

Iliad Group’s sales for the first quarter stood at EUR655.7 million (USD843.8 million), up 28.6% on the year-earlier figure, with EUR97.5 million coming from the new mobile operation, while fixed line revenues rose 9.8% to EUR559.7 million.

France, Free Mobile (Iliad), Iliad (Free)