Alice posts positive EBITDA for first time
French internet service provider and IPTV operator Iliad has announced that its Alice operation made a positive EBITDA contribution for the first time since it was acquired in August 2008.
Overall EBITDA reached 307.8m during the first half of the year, up 20% year-on-year, with Alice contributing Â5.5m. AliceÂs performance exceeded expectations after Iliad had aimed for it to break even during the first half of the year.Â
Iliad previously announced first-half revenues of Â969.8m, with Alice contributing Â182.2m.