Iliad reports 6.6% growth in revenues in 9M17

17 Nov 2017

French telecoms company Iliad Group has published its financial results for the nine months ended 30 September 2017, reporting 6.6% annual growth in its consolidated revenues to EUR3.7 billion (USD4.4 billion), up from EUR3.5 billion in 9M 2016. The positive development was mainly attributed to sustained growth by the company’s mobile operations, which generated revenues of EUR1.6 billion in the period under review, up by 9.0% from EUR1.5 billion in 9M16. Landline revenues, meanwhile, increased by 4.7% year-on-year, to EUR2.1 billion.

In operational terms, the group’s total mobile customer base reached 13.4 million subscribers by 30 September 2017, with 7.4 million 4G subscribers at that date (5.3 million at end-September 2016). The number of broadband subscribers also increased, albeit more modestly, to 6.5 million by end-September 2017 (6.3 million in 3Q16). Further, the company noted that roughly 1,100 sites were equipped to support 4G services in the 1800MHz band, with 100 base stations enabled for LTE-700 and 560 stations for LTE-2600, bringing Free’s 4G population coverage to over 84% (3G: 93% via 11,300 sites). The number of connectable fibre-to-the-home (FTTH) nodes, meanwhile, reached 5.6 million (four million in September 2016).

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