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Iliad reports a 7.7% growth in revenues in 1Q19

13 May 2019

Paris-based telecoms company Iliad Group has published its financial results for the three months ended 31 March 2019, reporting a 7.7% increase in its consolidated revenues to EUR1.293 billion (USD1.45 billion) from EUR1.201 billion in Q1 2018, with its operations in France generating EUR1.213 billion (up 1.0% year-on-year), while its Italian unit – which launched on 29 May 2018 – contributed revenue of EUR81 million by end-March 2019. The company’s domestic unit generated mobile service revenues of EUR487 million in the period under review, while its landline service revenues decreased by 2.7% y-o-y to EUR654 million (1Q18: EUR672 million).

In operational terms, Iliad Group’s mobile customer base in its domestic market reached 13.391 million subscribers by 31 March 2019, down from 13.441 million in 4Q18. In Italy, Iliad reported a total of 3.309 million mobile users at end-March, up from 2.837 million quarter-on-quarter. The number of broadband subscribers in France, meanwhile, reached 6.411 million, with fibre users standing at 1.133 million (983,000 in 4Q18). Iliad also noted that it had increased its LTE-700 sites by 1,600 in the quarter under review, with 7.858 million subscribers on its unlimited 4G plan at the end of the reporting period. The number of connectable fibre-to-the-home (FTTH) nodes, meanwhile, reached 10.500 million (9.600 million at end-2018), with a target to cover 20 million by 2022.

France, Italy, Free, Free Mobile, Iliad, Iliad Italy

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