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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.
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Category:Telecommunications