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Iliad reports a 33.6% annual increase in revenues in 1Q21

18 May 2021

Paris-based telecoms company Iliad Group has published its financial results for the three months ended 31 March 2021, reporting a 33.6% increase in its consolidated revenues to EUR1.846 billion (USD2.24 billion) from EUR1.382 billion in 1Q20, with its operations in France generating EUR1.263 billion (up 2.4% year-on-year) and its Italian unit contributing revenue of EUR188 million in 1Q21 (up 25.1% y-o-y from EUR150 million in 1Q20). Polish subsidiary Play (acquired in late 2020), meanwhile, accounted for total revenues of EUR398 million. The company’s domestic unit generated mobile revenues of EUR529 million in the period under review (up 0.3% y-o-y), while its landline service revenues increased by 4.4% y-o-y to EUR692 million (1Q20: EUR663 million).

In operational terms, Iliad Group’s mobile customer base in its domestic market reached 13.382 million subscribers by 31 March 2021, up from 13.376 million in March 2020. In Italy, Iliad reported a total of 7.540 million mobile users at end-March, up from 7.235 million y-o-y. Regarding Play in Poland, Iliad reported a total of 15.373 million registered mobile subscribers (down by 29,000 y-o-y), with 12.165 million active users (12.193 million in 1Q20); in addition, Play signed up 162,000 home subscribers (13,000 of which were high speed broadband users). The number of broadband subscribers in France, meanwhile, reached 6.765 million, with fibre users standing at 3.071 million (2.803 million in March 2020). The number of connectable fibre-to-the-home (FTTH) nodes, meanwhile, reached 21.1 million (19.9 million at end-March 2020), with a target to cover 30 million by 2022.

France, Italy, Poland, Free Mobile, Iliad, Iliad Italy, Play (P4, incl. UPC Poland)

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