Iliad reports 6.4% revenue growth in 9M16

16 Nov 2016

French telecoms company Iliad Group has published its financial results for the nine months ended 30 September 2016, reporting 6.4% annual growth in its consolidated revenues to EUR3.480 billion (USD3.74 billion), up from EUR3.271 billion in 9M15. The positive development was mainly attributed to sustained growth by the company’s mobile operations, which generated revenues of EUR1.495 billion in the period under review, up by 11.3% from EUR1.343 billion in the corresponding period of 2015. Landline revenues meanwhile increased by 3.0% year-on-year, to EUR1.994 billion.

In operational terms, the group’s total mobile customer base reached 12.385 million subscribers by 30 September 2016, with nearly half a million net additions in the preceding twelve months. The number of broadband subscribers also increased in the period under review, by 1.8% y-o-y, to 6.327 million. Further, the company noted that it had deployed 300 new LTE-enabled sites in the three months to 30 September, thus bringing its 4G population coverage to 73%, with 5.3 million 4G subscribers on its books at that date. Following the award of additional 4G-suitable frequencies in the 700MHz and 1800MHz bands earlier in the year, Iliad reported that it now had 2,200 LTE-1800 sites and 200 LTE-700 in operation. The number of connectable fibre-to-the-home (FTTH) nodes, meanwhile, reached four million (2.8 million in September 2015).

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