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Iliad doubles profits
French ISP Iliad has announced that its net profit doubled to 171.4m in the first half of the year.
Operating profit amounted to Â295.8m at June 30, compared to Â133.9m a year earlier. The company said this increase was due to the recognition of a non-recurring income of  61m, comprising exceptional income of Â125m, a Â40m writedown of a Wimax licence and various non-recurring provisions, along with the end of Alice restructuring costs.
Earlier this month, Iliad announced it ended June with a total of 4.5 million ADSL subscribers, up from 4.3 million a year earlier. The company is switching its Alice brand subscribers over to Free. It ended June with 3.9 million Free subscribers, up from 3.6 million a year earlier, while its Free customer base declined to 611,000 from 782,000.