Wednesday, May 4, 2011

Iliad: a stable turnover in the first quarter

Iliad, the parent of the Internet access provider Free (whose boss, Xavier Niel, is an individual shareholder of the World) was published (. Pdf) Wednesday, May 4, sales of nearly stable (+ 1 1%) in the first quarter. This result comes as the new unit's Internet group offers him the best quarter in four years in terms of new subscribers.

Turnover rose by 1.1% over the first quarter of 2011 compared to the same period of 2010 to 510 million euros, despite "the negative impact of regime change in VAT on offers triple-play "and" downward regulatory tariffs fixed call termination, "the group said in a statement. During the first quarter, Free won 154,000 new net subscribers of termination, but only 127,000 new subscribers in the group counting losses of Alice, which makes the "best quarter in four years," says Iliad which emphasizes the "commercial success of the Freebox Revolution." The group posted a market share of 32% of net recruitment period.

31 March 2011, the group had 4,661,000 broadband subscribers. STRONG DEMAND FOR NEW BOX In a context of strong demand for the Freebox Revolution, Iliad says that the "delivery for existing customers who already have a Freebox are longer than usual", but that new subscribers Free have been delivered "within an average of four days." "This situation should improve in the coming weeks and be absorbed by the beginning of summer," says the group.

The Iliad has completed action on Tuesday at 87.18 euros, showing a market capitalization of 127.3 million euros.

No comments:

Post a Comment