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Iliad withstands new competitive pressures - Venture Insights

Report Overview

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Iliad withstands new competitive pressures

PublisherEnders Analysis.
Publish Date March 30, 2010
Sector Fixed Line (Internet and Voice).
Company Iliad.

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France’s altnet Iliad again delivered stronger than expected profit and cash flow growth in 2009 on the back of continued strong results at the Free brand and a positive contribution from the Alice brand.

These results demonstrate the continued pull of Free for the triple play customer despite intensifying competition, including from cable, making the low cost, low churn business model sustainable.

By 2012, we expect fixed line profitability to increase and deliver enough cash flow to finance the launch of the Free Mobile project.