Iliad puts in strong performance
NOVEMBER 17, 2020 12.03 EUROPE/LONDON BY CHRIS DZIADUL

Iliad has posted revenues of €1,252 million for the third quarter in its home market France.

This, according to the company in its latest set of results, was 1.9% higher than in the same period last year. Fixed services accounted for €673 million of the total (+1.7%) and B2C €1,233 million (+1.8%).

Iliad saw even stronger revenue growth in Italy, with the total increasing by 56.3% to €171 million.

In France, Iliad’s fixed business saw a record 299,000 fibre adds and 99,000 net new subscribers in Q3, with the figures being fuelled by the commercial success of the Freebox Pop – which attracted a very large number of subscribers in under three months – as well as renewed demand for the Freebox Delta.

As of the end of the quarter, it had over 2.5 million fibre subscribers and 18.2 million connectable sockets.

Fibre take-up was almost 38%, up by more than 14 points on a year earlier.

Iliad aims to have a 25% share of the broadband and ultra-fast broadband market in the long-term.

It is targeting 2.8 million fibre subscribers by end-2020 and more than 5 million by 2024, as well as 22 million connectible fibre sockets by end-2022 and around 30 million by end-2024.