ANALYSIS – The group is posting growth of 5.5% in 2021, driven by Italy and Poland.
After a few sluggish years, Iliad, Free’s parent company, has moved forward. Last year, it generated a turnover of 7.5 billion euros, an increase of nearly 30%. This leap is partly linked to its commercial performance. Its French revenues increased by 3.8%, for 20.5 million customers, and those in Italy by 19%, with 8.5 million subscribers. The surge is also attributable to the acquisition of the Polish Play in 2020, adding 1.6 billion euros in turnover to the group. A third of its income is generated outside our borders.
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“In four years, we have gone from the status of French telecom operator to that of the sixth European operator, with 41.4 million subscribers”, emphasizes Thomas Reynaud, CEO of Iliad. A change of dimension, which illustrates the group’s new international ambitions. In Poland, it has just completed the acquisition of UPC, which will provide it with a convergent fixed and mobile offer. In Italy…
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