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Iliad net profit down 26% to EUR 186.5 million in 2012
2013-03-19 08:41:00| Telecompaper Headlines
(Telecompaper) French telecom group Iliad reported a net profit down 25.9 percent to EUR 186.5 million in 2012, compared with EUR 251.8 million in 2011. The parent company of ISP Free and Free Mobile reported EBITDA up 10.6 percent to EUR 921.4 million, as a strong performance from the landline business more than offset a negative contribution from mobile, still in a start-up phase. Landline EBITDA increased by 16.1 percent to EUR 967.5 million, while mobile recorded a EUR 46.1 million EBITDA loss. The group invested nearly EUR 950 million in 2012, or around 30 percent of revenues.
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