Revenue growth in the third quarter for Iliad thanks to the results recorded in Italy. In detail, the French group closed the three months ended on 30 September with a consolidated turnover equal to 1,42 billion euros, up by 6,3%. In the nine months, revenues amounted to 4,2 billion, with a growth of 6,6%.
In France, in the third quarter, turnover rose by 1,9 to 1,25 billion euro, of which 673 million from the fixed service (+1,7%), 537 from the mobile service (+2,4%9 and 44 million from equipment (-2,7%), while in the nine months the overall turnover recorded an increase of 1,8% to 3,7 billion (+1,8%).
The group founded by Xavier Niel especially highlights the performance marked in the isso, with 99 net subscribers in the quarter, the best result since the fourth quarter of 2012.
Continue unstoppable the growth of Iliad in our country, with turnover increasing by 56,3% in the quarter to 171 million and by 68,6% from January to 483 million. In Italy there are 580 new subscribers, for a total of over 6,8 million people at the end of September.
Since May 2018 “the group has conquered a market share of almost 9%”. Iliad underlines "the continuation of the good commercial dynamics in Italy in the first nine months and the increase in the turnover of services in France which absorbs the drop in sales of the plants (-14% to 146 million)".
As for our country, Iliad highlights the "acceleration" recorded in the third quarter, months in which the group continued to work on the development of its latest generation mobile radio network infrastructure "with record pace" and achieved with two months in advance the annual goal of 5.000 active sites and have installed over 6.640 sites as of September 30, 2020.
The works that will lead are also proceeding Iliad to land on the fixed market by the summer of 2021, underlines the company's note. At the same time, the number of Iliad Stores and Iliad Corners in large-scale distribution and shopping centers is growing (450) for a total of over 1200 Simboxes throughout Italy, to which are added the iliad Points which exceed 500 points.
