Iliad SA (ILD.PA)
22 Oct 2018
PARIS French telecoms group Iliad said it paid 1.19 billion euros (£1.08 billion) to buy 5G mobile phone frequencies for Italy, a market it entered this year as it grappled with tougher competition in France.
PARIS, Oct 3 French telecoms group Iliad said it paid 1.19 billion euros ($1.4 billion) to buy 5G mobile phone frequencies for Italy, a market it entered this year as it grappled with tougher competition in France.
MILAN/PARIS, Sept 11 Iliad has offered at least 749 million euros ($867 million) for spectrum in Italy's fifth-generation mobile auction as it seeks to boost its first venture outside France.
PARIS, Sept 11 Shares in Iliad, the French telecoms group founded by billionare Xavier Niel, rose on Tuesday after Iliad won the frequency for the 5G mobile phone licence in Italy with a 676.5 million euros ($786.77 million) bid.
The following factors could affect Italian markets on Tuesday.
PARIS French telecoms group Iliad , whose cut-price deals shook up the country's mobile market, is now being beaten at its own game as a price war dented its market share in the first half of the year and led it to cut a key profitability target.
* Stock has shed 42 pct of its value in 2018 (Adds founder's quote, updates shares)
PARIS, Sept 4 French telecoms group Iliad said its number of subscribers in both fixed and mobile declined in the first half, compelling it to amend its mid-term profitability targets.
* H1 current operating profit 303 mln euros, tops analysts' forecast
BRUSSELS, Aug 23 CK Hutchison is set to win EU approval for its 2.45 billion euro ($2.8 billion) deal to buy out Veon from an Italian joint venture after reaffirming a pledge to help rival Iliad's business in Italy, a person familiar with the matter said.