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Iliad founder Niel buys 11% stake in Telecom Italia

2015-10-29 15:29:00| Telecompaper Headlines

(Telecompaper) French billionaire Xavier Niel, founder of internet provider Iliad, has acquired the equivalent of an 11.2 percent voting stake in Telecom Italia, according to a filing with Italian markets regulator Consob. The development comes just a few days after French media conglomerate Vivendi, led by fellow billionaire Vincent Bollore, boosted its stake in Telecom Italia to just over 20 percent of the company's ordinary shares. Niel acquired a stake of around 6 percent via a personal investment company and an additional 5 percent through derivatives, according to unnamed sources cited by Bloomberg. Iliad is the parent company of French mobile operator Free, which has transformed the local telecoms sector since launching in 2012 with a low-tariff policy that has led to a 40 percent fall in prices. Niel has also invested in mobile operations in Switzerland (Orange) and Monaco (Monaco Telecom) in recent years. 

Tags: italia telecom founder buys

 

Profits up at Iliad as mobile market share growth continues

2015-09-01 02:00:00| Total Telecom industry news

Free Mobile claims 16% share of French mobile market; says it took 36% of fixed broadband net adds in 1H.

Tags: share market mobile growth

 
 

Altice, Bouygues confirm offer, Iliad in talks to buy assets

2015-06-22 09:01:00| Telecompaper Headlines

(Telecompaper) Altice and Bouygues have confirmed reports that Numericable-SFR parent company Altice has made an offer to acquire Bouygues Telecom. Altice's statement did not provide further details, while earlier reports said the bid is worth just over EUR 10 billion. Bouygues confirmed that it received an unsolicited offer from Altice to start negotiations with a view to buying Bouygues Telecom. Bouygues' board of directors will meet 23 June to review Altice's letter. While press reports said that Altice's head, Patrick Drahi, started talking to Bouygues around three weeks ago, Bouygues' statement said that no negotiations are in progress. Separately, broadband and mobile operator Free's parent company Iliad announced that it has entered into exclusive talks with Numericable-SFR to buy assets related to the takeover offer for Bouygues Telecom. The sale of part of Bouygues and SFR's spectrum and network assets to Free may secure the companies regulatory approval for the takeover, which would reduce the French mobile market to three network operators from four. 

Tags: buy offer confirm assets

 

Iliad Q1 revenue grows 7% on 497,000 customer adds

2015-05-15 09:00:00| Telecompaper Headlines

(Telecompaper) French telecom operator Iliad, which trades under the Free brand, reported revenue up 7 percent to EUR 1.08 billion in the first quarter, compared with EUR 1.01 billion in the first quarter of 2014. Growth came from mobile, where revenue rose 18 percent to nearly EUR 438 million. The company added 420,000 mobile subscribers and 77,000 landline broadband subscribers in the first quarter. Free had 16.5 million total subscribers at the end of March, including 10.5 million on mobile and over 5.9 million on landline. More than 700,000 of the latter were taking 30 Mbps+ services. Free had a 15 percent share of French mobile phone users at the end of the first quarter. Its landline business revenue rose by 0.3 percent to EUR 640 million. The group also announced that ultra-fast broadband capex accelerated in the quarter as customers migrate to VDSL2 and FttH. It estimates that broadband ARPU stood at EUR 34.70 a month with customers using the Freebox Revolution PVR generating over EUR 38 of ARPU. Free confirmed its target of achieving over 10 percent EBITDA growth this year. 

Tags: customer revenue adds grows

 

Iliad raises profit, sales on strong customer additions

2015-03-12 09:03:00| Telecompaper Headlines

(Telecompaper) French telecom group Iliad, whose main asset is broadband operator Free, reported revenue up 11 percent to EUR 4.17 billion in 2014, ahead of its initial target and compared with EUR 3.75 billion a year earlier. The company gained market share in both fixed broadband and mobile. Broadband revenue rose by 3 percent to EUR 2.56 billion as it attracted over 228,000 new customers to reach a total of 5.87 million and achieved an ARPU of over EUR 35 a month. Mobile revenue rose by 28 percent to EUR 1.61 billion as the operator added over 2 million new subscribers to reach a total of 10.11 million, or an around 15 percent share of the national market. It boosted handset sales thanks to new financing plans and the iPhone 6 effect. Iliad's EBITDA improved by 7 percent to EUR 1.28 billion and net profit increased by 5 percent to EUR 278 million.

Tags: sales customer strong profit

 

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