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Iliad revenue growth improves to 11% in Q4

2020-03-17 10:20:00| Telecompaper Headlines

(Telecompaper) Iliad generated group revenues of EUR 1.39 billion in the fourth quarter, up 11.0 percent year-on-year and accelerating from 8.1 percent growth in Q3. In its core French market, growth in service revenues improved for the fourth consecutive quarter, as Free returned to positive customer net additions in the mobile segment and continued to gain fixed broadband subscribers. While confirming the targets set within its 2024 Odyssey plan, the company noted that the current Covid-19 epidemic could have a negative impact on its objectives and on the wider telecom sector, noting the possibility of shortages of some electronic components and a slowdown in the pace of fixed and mobile network deployments.

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