Iliad’s profit increases 20.3% in 2015

10 Mar 2016

French telecoms company Iliad Group has published its financial results for the twelve months ended 31 December 2015, reporting 5.9% annual growth in its consolidated revenues to EUR4.414 billion (USD4.84 billion), up from EUR4.168 billion in 2014. The positive development was mainly attributed to sustained growth by the company’s mobile operations, which generated revenues of EUR1.829 billion in the period under review, up by 13.3% from EUR1.614 billion in 2014. Landline revenues also increased in 2015, up by 1.3% year-on-year to EUR2.597 billion, chiefly due to the popularity of the company’s ‘Freebox Revolution’ offerings. EBITDA for the twelve months to end-December 2015 reached EUR1.490 billion, a 16.1% increase on the EUR1.284 billion reported in 2014, while profit for the period was up by 20.3% y-o-y to EUR335.0 million.

In operational terms, the group’s total mobile customer base reached 11.685 million subscribers by 31 December 2015, with more than one and a half million net additions in the preceding twelve months. The number of broadband subscribers also increased, albeit more modestly, up 4.6% to 6.138 million by end-December 2015. The operator noted that more than 1,600 3G-enabled new base transceiver stations (BTS) and 3,500 4G LTE sites were deployed in 2015, with 4G coverage reaching 63% by year-end. Further, Iliad disclosed that in 2015 it had accelerated the migration of its landline network to VDSL2 and fibre-to-the-home (FTTH) technologies, claiming that 97.2% of its ADSL network was unbundled by December following the opening of 1,500 subscriber connection nodes. The operator also said that it has completed the migration of its network equipment to VDSL2 technology.

Iliad has also outlined its objectives for the forthcoming years, stating that it aims to build 1,500 BTS in 2016 and reach LTE population coverage of 75% by the end of the year. Going forward, the operator is targeting 25% market shares of the fixed broadband and mobile markets in the long-term, with plans to cover around nine million FTTH plugs by end-2018 and 20 million connectible FTTH plugs by 2022.

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