Iliad reports 49.5% surge in mobile revenues to EUR1.3bn in 2013

10 Mar 2014

French telecoms company Iliad Group has published its financial results for the twelve months ended 31 December 2013, reporting 18.9% annual growth in its consolidated revenues to EUR3.748 billion (USD5.204 billion) up from EUR3.153 billion at the end of 2012. The growth was mainly attributed to sustained growth by the company’s mobile operations. In the period under review, revenues generated by the mobile business rose 49.5% from EUR843.9 million in 2012, to EUR1.261 billion, representing around a third of the group’s total revenue figure. Landline revenues also increased in the period under review, up by 7.6% y-o-y to EUR2.498 billion, mainly attributed to the popularity of the company’s ‘Freebox Revolution’ offerings.

In operational terms, the group’s total mobile customer base passed the eight million mark at 31 December 2013, with 2.835 million net additions in the preceding twelve months. The number of broadband subscribers also increased, albeit more modestly, up 5.14% to 5.640 million by year-end. Further, the company noted that, as at 31 December, quarterly broadband ARPU remained unchanged at EUR36.0, primarily due to the success of the aforementioned Freebox Revolution offering, which represented 50% of the group’s total broadband subscriber base in 4Q13.

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