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Iliad in talks to sell mobile towers in Spain and Italy to Cellnex for EUR 2 bln
2019-05-07 09:55:00| Telecompaper Headlines
(Telecompaper) France's Iliad has announced exclusive negotiations with Spanish infrastructure operator Cellnex Telecom for the sale of 70 percent of the company managing its mobile telecom infrastructure in France and 100 percent of the company managing its passive mobile towers infrastructure in Italy. The agreement encompasses 5,700 sites in France plus 2,200 sites in Italy and is worth an initial EUR 2 billion, said Iliad, adding that the transaction would help to strengthen its balance sheet and general financial position as well accelerate 4G and 5G mobile rollouts in France and Italy.
Italian postpaid plans drop to cheapest in Europe after Iliad launch - study
2019-05-02 11:33:00| Telecompaper Headlines
(Telecompaper) Mobile prices in Italy have fallen to among the cheapest in Western Europe, according to the latest research by Telecompaper. Less than a year since Iliad's launch as the fourth operator, Italy has become the cheapest country for the biggest Sim-only plan compared by Telecompaper in its annual EU Benchmark report on postpaid mobile prices. The country also shows a high share of plans now offering over 10 GB per month.
Iliad cuts cash flow target again, after 5% drop in Q4 revenue in France
2019-03-19 10:55:00| Telecompaper Headlines
(Telecompaper) Iliad has reported a fall in full-year profit, as weakness in the French business continued in the three months to December. The company said that France had reached "a low point" after another quarter of negative growth in fixed line revenues, but expects that the marketing initiatives launched during the year will drive a return to growth in 2019. Free cash flow (EBITDA minus capex) guidance for 2020 has been lowered for a second time (EUR 800 million), after the target was trimmed in September 2018 (EUR 1 billion).
Iliad acquires majority stake in Jaguar Network for nearly EUR 100 million
2019-01-21 09:45:00| Telecompaper Headlines
(Telecompaper) Iliad announced that it has acquired a 75 percent stake in French data centre and cloud services operator Jaguar Network. Private equity firm Naxicap sold its interest to Iliad as part of a deal facilitated by Jaguar Network's founder, Kevin Polizzi, who retains the remaining 25 percent stake and will stay at the company as CEO. Iliad said that it purchased the majority stake based on a multiple of 10.6x EBITDA, representing an investment of just under EUR 100 million.
Tags: network
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Wind Tre, Vodafone Italia hit hardest by Iliad entry in Q3 - study
2018-12-21 08:47:00| Telecompaper Headlines
(Telecompaper) All three of Italy's main mobile network operators felt the disruptive effects of low-cost challenger Iliad in the third quarter, with Wind Tre and Vodafone hit hardest, according to new data from Telecompaper. Total mobile service revenues in Italy fell by 3.0 percent year-on-year to EUR 3.2 billion in the third quarter of 2018, led by steep declines at Wind Tre and Vodafone, in spite of Iliad's initial EUR 46 million contribution in the July to September period.
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