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Iliad's Niel Says He is Keen to Increase His Exposure in The Group
Reg-[Communiqué De Presse Iliad] Chiffre D'affaires 3Ème Trimestre 2019
Iliad To Launch 1.4 Billion Euro Share Buyback Offer
Iliad SA is a France-based holding company active in the integrated telecommunications sector. The Company provides Internet access services, hosting services and others. Iliad SA is also focused on fixed-line telephony services and the provision of wireless fidelity (WiFi) cards, among several others. In addition, Iliad SA sells via Internet a range of insurance policies. The Company operates a number of subsidiaries, which include Free SAS, Centrapel SAS, Freebox SAS, Telecom Academy SARL, Free Frequences SAS, Iliad 1 SAS, Iliad 2 SAS, Protelco SAS, IFW SAS, IRE SAS, Management Centre De Relation Abonne (MCRA), F Distribution SAS and Centrapel SAS, among others. Its Fixe subsidiary is a landline business-provider of broadband Internet services. The Company is active as an operator in approximately 35 countries.
16 rue de la Ville l Eveque
Chairman of the Board of Directors
Chief Executive Officer, Executive Director
Deputy Chief Executive Officer, Senior Vice President, Executive Director
Deputy Chief Executive Officer, Senior Vice President
Deputy Chief Executive Officer, Senior Vice President
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French billionaire Xavier Niel said on Tuesday he was ready to pour 1.4 billion euros into Iliad <ILD.PA> to show his commitment to the telecoms group he founded and majority owns, despite several tough quarters and a share price plunge.
French telecoms group Iliad , which lost market share in recent months, said on Tuesday that it would spend up to 1.4 billion euros ($1.54 billion) to buy back shares.
* FREE, WHICH IS A SUBSIDIARY OF ILIAD, IS THE FIRST OPERATOR TO LAUNCH AMAZON PRIME IN FRANCE
Iliad <ILD.PA> reported a loss of 127,000 mobile subscribers to competitors in the first half of the year despite higher revenue, sending shares in France's second largest telecoms operator lower on Tuesday.
French telecoms operator Iliad reported a 8.4% rise in half-year revenue to 2.60 billion euros on Tuesday despite losing 127,000 subscribers while rivals gained market share.
Telecom Italia would be happy to share the cost of securing 5G frequencies with other operators such as France's Iliad in addition to Vodafone, the chief executive of the Italian telecoms incumbent said.
French tycoon Xavier Niel has agreed a 2.7 billion euro (2.3 billion pounds) deal to sell mobile towers in France, Italy and Switzerland to Cellnex as he seeks to bolster the finances of his telecoms group Iliad.
Telecoms group Iliad said it was in talks over selling its mobile tower assets in France and Italy to Cellnex for 2 billion euros ($2.24 billion), in a deal that should strengthen Iliad's financial position.
France's AMF stock market regulator said it had fined telecoms group Iliad and Iliad's chairman, Maxime Lombardini, for incorrect financial communication regarding certain deals in 2014.
French telecoms operator Iliad is sounding out funds to buy part of its mobile towers business as it seeks to raise cash after heavy promotions hit its sales in 2018.
Shares in French telecoms group Iliad fell on Tuesday, as concerns over its weak results overshadowed possible plans to sell part of Iliad's mobile assets.
Telecoms operator Iliad cut its cash-flow target for 2020 in France after a challenging year marked by heavy market promotions that hit revenues, and it added it was considering selling part of its mobile assets.
Shares of French telecoms group Iliad hit an 8-year low on Thursday after a press report pointed to a slowdown of the Italian market and rivals' remarks suggested sales of its new set-top box had no significant impact.
Telecom operator Iliad unveiled on Tuesday a new high-end set-up box with luxury audio speakers and embedded video applications which it sees reviving sluggish sales in France.
France's Iliad is including a Netflix subscription and Amazon's voice assistant Alexa among the key features of its new set-top box as it seeks to revive declining sales, chief executive Thomas Reynaud said on Tuesday.
French telecoms operator Free, which is expected to unveil a new internet set-top box in a bid to revive customer subscriptions, on Friday sent out press invitations for a "keynote" presentation on Dec. 4, though it did not give details.
Telecoms group Iliad said third quarter revenues rose 1.7 percent, helped by its recent entry into Italy but it faced tougher competition in its domestic French market where the company had fewer mobile and fixed subscribers in the quarter.
French telecoms group Iliad said third quarter revenues had risen 1.7 percent from a year ago, with its recent foray into Italy performing reasonably well and helping offset tough competition in its main domestic market.
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.
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.
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