Iliad Group reports rising revenues, subscribers in 3Q14

13 Nov 2014

French telecoms company Iliad Group has published its financial results for the three months ended 30 September 2014, reporting 11.8% annual growth in its consolidated revenues to EUR1.055 billion (USD1.318 billion), up from EUR944 million in Q3 2013. The positive development was mainly attributed to sustained growth by the company’s mobile operations, which generated revenues of EUR416 million in the period under review, up by 29.6% from EUR321 million in 3Q13. Landline revenues also increased in the period under review, up by 2.6% y-o-y to EUR642 million, chiefly due to the popularity of the company’s ‘Freebox Revolution’ offerings.

In operational terms, the group’s total mobile customer base reached 9.575 million at 30 September 2014, with 480,000 net additions in the preceding three months. The number of broadband subscribers also increased, albeit more modestly, up 1.2% to 5.805 million by end-September 2014. Further, the company noted that quarterly broadband ARPU dropped slightly to EUR35.50, primarily due to the country’s VAT increase (to 20%), which came into force on 1 January 2014, and lower use of value-added audiovisual services, such as video-on-demand (VoD) and pay-TV.

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