Iliad, the parent of Internet access providers Free and Alice (whose founder, Xavier Niel is a group of shareholders Tech Buzz News), announced Wednesday, March 9 have recorded in 2010 net profit up 78% to 313.1 million euros, and displays the target of doubling its turnover by 2015. The net profit was in line with the objectives of the group, which had declared aim for 2010 "a very strong increase in net income." The annual turnover grew 4.3% to over 2 billion euros, against an increase of 25% to 1.95 billion euros for 2009, with 4.534 million subscribers broadband at December 31, 2010, down from 1.75% over the previous year.
An overall decline due to poor performance of Alice. Indeed, over one year, Free attracted 191,000 new subscribers a total of 3.969 million, an increase of 5%, while Alice was still about "the erosion of its subscriber base" with a loss of 113 000 customers in one year, a total of 565,000 subscribers at the end of 2010.
Low figures, however, for investors, whose dissatisfaction has led to the decline at 10 h 56 of 3.70% of the share Iliad to the Paris Bourse. "The results are good but as usual the market is focusing on new customers to the brand and they are particularly weak in the fourth quarter," commented one Paris-based analyst who requested anonymity.
Iliad has recruited the last four months of the year 30 000 subscribers under Free, so it was assumed that 59 000 customers, detailed Benjamin Rousseau, CM-CIC Securities. "DOUBLE SIZE IN FOUR YEARS THANKS TO MOBILE" Asked by the chief financial officer of Iliad, Thomas Reynolds, welcomed the "very good results which show the strength of [his] model even in a period of transformation ".
"Over the past four years, we managed to double in size in terms of turnover of subscribers and profitability," he said, adding that the group was entering a new cycle 2011-2015, and wanted to "double again in size over the next four years, thanks to the mobile." Net debt was in late 2010 to 691 million euros against 664.9 million euros at end 2009, "despite the acquisition of the mobile license for more than 240 million euros during the period," according group.
"We are now one of the least indebted telecoms operators in Europe," said chief financial officer. The group also announced the end of the support costs associated with restructuring of Alice. "The acquisition of Alice has been very positive, it helped us win two years at the time of recruitment to a completely acceptable price and we managed to recover financially society", which was then lost, has he said.
100,000 SUBSCRIBERS BY FIBER TO END 2011 For the future, Iliad is "a doubling of turnover in 2015" and "cash flow (cash flow) DSL accumulated over 1.1 billion euros between 2010 and 2012, including Alice. " The company intends to "show a market share of fixed broadband from 24 to 25% in the long term" and "be about 100,000 FTTH (fiber to the home) by the end of 2011, and extended his goal of an unbundling rate of about 90% over the medium term.
For mobile, Iliad reiterates its goal of covering 27% of the French population here in January 2012 to launch its commercial offer. Free Mobile and Orange last week signed a national roaming agreement 2G mobile extended to 3G, which means that Free will now have a national coverage of mobile phone in France, including tenders for Internet mobility . 
An overall decline due to poor performance of Alice. Indeed, over one year, Free attracted 191,000 new subscribers a total of 3.969 million, an increase of 5%, while Alice was still about "the erosion of its subscriber base" with a loss of 113 000 customers in one year, a total of 565,000 subscribers at the end of 2010.
Low figures, however, for investors, whose dissatisfaction has led to the decline at 10 h 56 of 3.70% of the share Iliad to the Paris Bourse. "The results are good but as usual the market is focusing on new customers to the brand and they are particularly weak in the fourth quarter," commented one Paris-based analyst who requested anonymity.
Iliad has recruited the last four months of the year 30 000 subscribers under Free, so it was assumed that 59 000 customers, detailed Benjamin Rousseau, CM-CIC Securities. "DOUBLE SIZE IN FOUR YEARS THANKS TO MOBILE" Asked by the chief financial officer of Iliad, Thomas Reynolds, welcomed the "very good results which show the strength of [his] model even in a period of transformation ".
"Over the past four years, we managed to double in size in terms of turnover of subscribers and profitability," he said, adding that the group was entering a new cycle 2011-2015, and wanted to "double again in size over the next four years, thanks to the mobile." Net debt was in late 2010 to 691 million euros against 664.9 million euros at end 2009, "despite the acquisition of the mobile license for more than 240 million euros during the period," according group.
"We are now one of the least indebted telecoms operators in Europe," said chief financial officer. The group also announced the end of the support costs associated with restructuring of Alice. "The acquisition of Alice has been very positive, it helped us win two years at the time of recruitment to a completely acceptable price and we managed to recover financially society", which was then lost, has he said.
100,000 SUBSCRIBERS BY FIBER TO END 2011 For the future, Iliad is "a doubling of turnover in 2015" and "cash flow (cash flow) DSL accumulated over 1.1 billion euros between 2010 and 2012, including Alice. " The company intends to "show a market share of fixed broadband from 24 to 25% in the long term" and "be about 100,000 FTTH (fiber to the home) by the end of 2011, and extended his goal of an unbundling rate of about 90% over the medium term.
For mobile, Iliad reiterates its goal of covering 27% of the French population here in January 2012 to launch its commercial offer. Free Mobile and Orange last week signed a national roaming agreement 2G mobile extended to 3G, which means that Free will now have a national coverage of mobile phone in France, including tenders for Internet mobility .
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