Free continues to recruit subscribers in the second quarter, confirming its good year 2022

The Free operator recorded a very positive second quarter, both fixed and mobile. Its turnover, up sharply, follows logically.

In the wake of a successful first annual quarter, Iliad, parent company of Free, confirmed its current good intentions by succeeding in the second. The company assumes real leadership in 2022 in terms of fixed and mobile recruitment and exceeds 4 billion euros in turnover in the first half, if we combine its results in France and its other European markets. (Italy and Poland).

Iliad progresses everywhere in Europe

Over the last three months, Iliad generated revenue of 2.09 billion euros across the group as a whole, up 11.4% compared to the second quarter of 2021. In France, its revenues reached 1.37 billion euros over the period, an increase of 7.1% over one year. ” Iliad is the fastest growing operator in Europe among the top 15 telecom groups “, rejoices the company.

In the first half, Iliad “earned” more than 2.7 billion euros in France (more than 4 billion if we add the results in Poland and Italy), an honorable growth of 6.6%. We can therefore speak of a successful first half of the year for Xavier Niel’s group.

Revenues generated in Italy (228 million euros) and in Poland (495 million euros) in the second quarter mean that Iliad achieves nearly a third of its turnover far from its historical base, understand excluding of France. The group’s debt still exceeds 10 billion euros now. This is 2 billion more than on December 31 last. The recent takeovers and the end of the group’s stock market adventure have been there. But ” on July 27, the Group announced that it had finalized a large medium-term financing program for 5 billion euros “Recalls the company, which will finance in particular, thanks to this envelope, the payment of Italian 5G frequencies at the end of September.

French number 1 on fixed and mobile

In the second quarter of 2022, Free recorded fairly equivalent performance in France with regard to its recruitment. The operator, which now has more than 7 million fixed-line subscribers, welcomed 67,000 net new subscribers, successfully converting its 204,000 fiber recruitments.

On mobile, Free recruited 120,000 net subscribers, with 4G/5G packages (+233,000, 9.7 million customers) far outstripping the voice package (-112,000, more than 4.1 million subscribers). It is thus entirely possible that Free will exceed the milestone of 21 million subscribers (fixed and mobile combined) in the next quarter. The operator now has 20.91 million.

If it remains vigilant in an uncertain context, the Iliad group can pride itself on being the number one operator in France for fixed and mobile recruitment. ” These very good results are the result of years of investment in our networks and in our innovation policy “Judges the general manager Thomas Reynaud.