Xavier Niel

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 […]

EC approves UPC Poland sale to Xavier Niel’s Play

The European Commission has approved the acquisition of Liberty Global’s Polish operation, UPC Polska, by mobile giant Play, owned by French media tycoon Xavier Niel. UPC said that the acquisition, which it now expects to complete on April 1, will enable the creation of a national champion in the market for digital convergent services. The […]

Niel and Bouygues clash over TF1-M6 merger

French telecom tycoons Xavier Niel and Martin Bouygues have clashed over the proposed merger between commercial broadcasters TF1 and M6 in hearings before the country’s upper house, the Senate. Niel, the owner of Iliad Telecom/Free, said that a merger of the country’s two largest commercial broadcasters would “create a monster” that would dominate the advertising […]

Xavier Niel’s Iliad to acquire UPC Poland from Liberty Global

Liberty Global has reached a definitive agreement to sell 100% of its operations in Poland to iliad Group’s Polish mobile subsidiary Play. The deal, which will see Liberty Global complete its exit from central and eastern Europe and marks a major expansion for Xavier Niel’s Iliad in the country, values its Polish assets at PLN7 […]

Xavier Niel begins process of taking Free private with public offering

Iliad Telecom, which operates in France under the Free brand, has launched the public offering designed to enable founder Xavier Niel to delist the company and focus on his longer term strategic objectives. The offering, which closes September 24, should see the number of free-floating shares reduced to under 10% of the voting capital, enabling […]

Xavier Niel advances move to take Iliad Telecom/Free private

French service provider Iliad Telecom/Free has submitted documentation regarding its planned public offering to acquire its shares and founder and principal shareholder Xavier Niel moves to take the company private to markets regulator the AMF. Iliad is offering €182 per share to acquire shares during a 12-day window, beginning September 9. A previous offer last […]

Free bounces back as Niel takes hands-on role

French service provider Iliad Telecom/Free’s full-year numbers for 2019 saw it bounce back in revenue terms with a return to growth. Founder and leading shareholder Xavier Niel is meanwhile to resume an active management role within the company as president of its administrative board. Free grew its domestic French revenues by 3% to end the […]

Xavier Niel consolidates control of Free

French telecom entrepreneur Xavier Niel has consolidated his control of Iliad Telecom/Free after a successful capital increase of €1.4 billion for the operator to finance a buyback of 19.7% of Iliad’s share capital on January 16. As a result of the two operations, Niel now holds 52.1% of Iliad’s capital, with 70% of the voting […]

Xavier Niel reportedly looking at investment in Molotov as Altice stumbles

Free founder Xavier Niel may step into the breach if French OTT TV player Molotov’s investors block the company’s planned sale to Altice France, according to local reports. According to L’Opinion, citing unnamed sources, Niel, a long-time acquaintance of Molotov co-founder Jean-David Blanc, is prepared to take part in a new capital increase via his […]

Mediawan posts first full-year financials

Paris-listed production-distribution group Mediawan has posted its first full year financials. Both actual and pro forma results were published by the company, which launched at the end of 2015 as a special purpose acquisition company (SPAC). Actual results (including a nine-month consolidation of financials from Groupe AB, which it bought last year) show revenues of […]