Iliad sees strong revenue and sub growth despite pressure on costs

Iliad Group has turned in another strong quarter of subscriber and revenue growth, with revenues up 8% to €2.2 billion and growth in all three of its major markets – France, Poland and Italy. Organic revenues in France were up 7.6% while Italy was up 12.6% and sales in Poland grew by 7.3%. In France, […]

Xavier Niel’s Iliad reportedly in talks with Vodafone again

Xavier Niel’s Iliad Group is once again in talks with Vodafone about a potential tie-up, according to a report by Bloomberg. According to the report, citing unnamed sources, the talks are on a range of potential deals including a tie-up between Vodafone Italy and Iliad’s outfit in that country. According to the report, Iliad is […]

Redge Technologies reports strong revenue growth in 2022

Poland’s Redge Technologies has seen robust revenue growth in the financial year 2022, with record results of a 58% increase in revenue and a 72% increase in EBITDA. In 2022 Redge Technologies reported revenues reached a record EUR 11.93 million, with EBITDA generating EUR 4.59 million. During which the company had boosted its staff count by 36%, […]

Iliad sees huge growth across three countries

Iliad Group, which operates fixed and mobile networks in France, Italy and Poland, saw massive growth in its subscriber base and revenues in all three markets last year. Iliad, which operates under the Free brand in France, added a total of 2.72 million fixed and mobile customers across all three markets, taking the group total […]

Iliad Group posts strong customer growth

France’s Iliad Group has posted strong Q3 results, with solid subscriber growth in its home market and in Poland in particular. In France, where it operates under the Free brand the group added 78,000 net new subs to its fixed-line bsu9iness and 184,000 net new mobile customers. In Poland, the acquisition of cable operator UPC […]

Iliad founder Niel purchases surprise Vodafone stake

Xavier Niel, the founder of Iliad, has acquired a 2.5% stake in Vodafone. The stake was purchased via Niel’s Atlas Investissement business, with the French billionaire saying that there are opportunities to improve profitability and accelerate “ the streamlining of Vodafone’s footprint and the separation of its infrastructure assets”. The announcement was described as ‘unexpected’ by […]

Iliad sees strong growth, boosted by Italy

French and international service provider Iliad Group has recorded strong second-quarter growth in its French and international markets, with notable growth in Italy. Despite what it described as an “extremely competitive context” in Italy, Iliad added 68,000 customers to its recently-launched fixed offering, as well as 257,000 mobile customers. In its core domestic French market, […]

Iliad’s Play completes acquisition of UPC Poland from Liberty Global

French telco Iliad has completed the acquisition of UPC Poland from Liberty Global. The acquisition, which takes place via Iliad’s Polish mobile subsidiary Play, “represents Iliad’s next step in the Polish telecoms,” iliad said. UPC Poland and Play combined together makes Iliad the second largest telco in the Polish market. For Liberty Global, the US$1.7 […]

Vodafone rejects US$13 billion Iliad bid

Vodafone Italia has formally rejected Iliad’s US$13 billion takeover approach. Iliad Group tabled a bid to merge Vodafone Italia with its operation earlier this week at a time when the British telco group is mulling its future options in the UK, Spain, Italy and Portugal. The preliminary approach from the French group however has been […]

Iliad makes bid for UPC Poland

French telco Iliad has made an indicative offer for Liberty Global’s Polish ISP UPC. The telco, which agreed a deal to acquire Polish mobile operator Play for more than €2 billion in late 2020, said that it has made an offer of PLN7.3 billion (€1.6 billion) for 100% of UPC Poland’s shares. The bid, it […]