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Iliad H1 revenues up 10.4% to over EUR 2 bln
2014-09-01 09:26:00| Telecompaper Headlines
(Telecompaper) French operator Iliad reported first-half revenues of EUR 2.02 billion, up 10.4 percent from a year earlier. Revenues from its fixed broadband business rose 3.6 percent to EUR 1.28 billion, and the mobile business expanded 24.1 percent to EUR 745.7 million in revenues. Iliad said it added 95,000 broadband customers in the period, for a total 5.735 million at the end of June. Despite an increase in VAT on TV services and sharp discounts form some competitors, the Free brand continued to add customers in the fixed market, accounting for an estimated 24 percent of net adds on the market. ARPU was relatively stable, at EUR 35.80 per month. In the mobile market, Free claims it took over 65 percent of net adds, growing its base by over 1 million customers to reach more than 9 million at the end of June, equal to a 13 percent market share. Iliad said its mobile phone financing offer launched last December helped sustain customer growth, even though this impacted profitability. A majority of new customers also still take the company's plan at EUR 2 a month. The handset sales, VAT increase, end to asymmetric termination rates and higher spending on fixed network upgrades led to a drop of 1 percent point in the EBITDA margin to 30.9 percent. Total EBITDA increased 6.6 percent to EUR 624.2 million, while net profit was down 1.3 percent to EUR 139.9 million, due to higher depreciation after the launch of 4G services.
Iliad in talks with private equity firms on improving T-Mobile US bid
2014-09-01 02:00:00| Total Telecom industry news
French group continues its pursuit of the Deutsche Telekom-owned U.S. operator.
Eurobites: Iliad Could Team Up for T-Mob Pursuit
2014-08-07 15:28:57| IT Services - Topix.net
Also in today's EMEA regional roundup: Deutsche Telekom's flat Q2; Vodafone, O2 share UK network; Ericsson wins in Russia.
Tags: team
pursuit
iliad
eurobites
Deutsche Telekom CEO rules out Iliad bid for T-Mobile
2014-08-07 15:01:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom has rejected the offer from France's Iliad to acquire T-Mobile US. Deutsche Telekom CEO Tim Hoettges said in a conference call on the company's quarterly results that Iliad's offer did not meet the group's criteria for selling the US subsidiary, Reuters reports. "We have always said that we would be open to offers for T-Mobile US which would improve its position and that of its shareholders," Hoettges said. "At the moment, we don't have an offer which fits those criteria." This appears to rule out Iliad's offer, while Sprint earlier indicated that it was no longer interested in consolidation with T-Mobile. A person close to Iliad told Reuters that the French company would weigh whether to improve its USD 33 per share bid for 56.6 percent of T-Mobile US, but that it first wanted to talk to the German company to learn more about its expectations. Much would depend on whether another bidder emerges, the person said, and whether Iliad can convince Deutsche Telekom of its ability to run T-Mobile in a more cost efficient way. Hoettges said T-Mobile would look for regulatory support if it could not agree a merger. "In the US we have the situation that the two largest operators take more than 100 percent of the cash flow in the market," he said. "If consolidation is not desired, regulators should help to improve the position of smaller operators." The CEO underlined that T-Mobile was still growing strongly on its own and none of the offers for the company "give better growth perspectives than we currently have."
Deutsche Telekom unimpressed by Iliad bid for US mobile unit: sources
2014-08-05 00:34:56| IT Services - Topix.net
Deutsche Telekom has serious doubts about the overall attractiveness of a bid by French telecom group Iliad for its U.S. mobile unit, despite lower regulatory hurdles than a rival offer, said two people close to the company.
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