Iliad breaks the billion euros turnover barrier

by bold-lichterman

At the end of March, Free had 8.64 million mobile subscribers, or 13% market share.

Iliad published the results of the first quarter and saw its turnover increase by 10.8%. For the first time, it exceeds the billion euros mark over three months, the main result of the success of the Free Mobile offer launched in early 2012. By 2015, the group has set itself the target of a figure of total business of more than 4 billion euros.

At the end of March, Free had 8.64 million mobile subscribers, i.e. a market share of around 13%, against 8.04 million at December 31, 2013, and 5.71 million broadband subscribers, against 5.64 million three months earlier.

The battle for the consolidation of the telecoms sector continues at this time, asOrange has formalized its takeover offer from Bouygues Telecom, which is, according to several media, still in discussion with the parent company of Xavier Niel.