Mobile: Free holds 14% of the market share with 9.6 million subscribers

by bold-lichterman

The Iliad group published its results on Wednesday evening after the close of the stock market (Euronext Paris) for the third quarter of 2014: turnover reached 1.055 billion, an increase of 11.8%; against 10.8% in the first quarter. Contacted, Iliad does not communicate its net income for the third quarter. The activity is particularly supported by the mobile dynamism, whose turnover increased by 29.6% to 416 million euros. This is the first time that it has exceeded 400 million euros. Over the period, the group recruited 480,000 subscribers (net of termination) for its mobile phone offers and now captures 14% of the market (9.6 million subscribers at the end of September).

The fixed part is much less dynamic, but still grew by 2.6%. The number of subscribers to the fixed triple-play offer reached 5.8 million, out of a total of 15.4 million fixed and mobile subscribers. “Free is the second operator in terms of recruitment since the beginning of the year” indicates the company. The group has seen its turnover grow 10.8% since the start of the year to 3,074 million euros; compared to 2,774 million euros over the first 3 quarters of 2013. Its Broadband ARPU reached 35.5 euros in the third quarter, against 35.8 in the second and 35.5 in the first.

No figures on hosting activity in the cloud

In mid-October, Iliad had seen his T-Mobile US takeover bid rejected by Deutsche Telekom. “The Iliad group announces that it is ending its T-Mobile US acquisition project after discussions with Deutsche Telekom. (…) Iliad had the ambition to accelerate the transformation of T-Mobile US with in particular the realization of more than 2 billion dollars of annual cost savings. This transaction would have created a lot of value for the shareholders of Iliad and T-Mobile ”specified the French company.

No figures relating to the group’s accommodation activity are presented for this third quarter. Declined under three own-brand activities, the Online subsidiary offers shared hosting services (Online), dedicated hosting (Dedibox), and server colocation (Iliad Entreprises).

The Iliad share was worth 195.60 euros this Thursday morning shortly after 12 noon, up + 4.77%. It grew by 25% in one month, a direct consequence of the abandonment of the T-Mobile US project.