Iliad SA
| Company type | Public |
|---|---|
| Euronext Paris: ILD | |
| Industry | Telecommunications |
| Founded | 1991 |
| Founder | Xavier Niel |
| Headquarters | , France |
Area served | |
Key people |
|
| Products | Telephony |
| Revenue |  €9.24 billion (2023) |
| Decrease €318 million (2023) | |
| Owner | Xavier Niel |
Number of employees | 15100 (2021) |
| Subsidiaries | |
| Website | www |
Iliad SA, stylized as iliad, is a French telecommunications company. It is based in Paris and its operations comprise fixed and mobile telephony services, prepaid phone cards and Internet access providing and hosting services.
The company was founded by Xavier Niel in 1990.[1]
Iliad is the 5th largest European telecommunications group with 50 million subscribers through its subsidiaries in France, Italy, and Poland.[2]
History
[edit | edit source]![[icon]](/index.php/File:Wiki_letter_w_cropped.svg){kind=small} | This section needs expansion. You can help by adding to it. (August 2014) |
Free Mobile, a subsidiary of Iliad, was launched in 2012. As of December 2013, it was France's fourth largest mobile operator, having gained a 12% share of the market.[3]
On August 1, 2014, Iliad publicly announced a bid to acquire a 56% stake in the United States wireless carrier T-Mobile for US$16 billion. The bid came amidst reports that competing carrier Sprint Corporation, owned by Japanese firm Softbank, was planning its own US$24 billion merger.[4][5][6] The bid was dropped in October 2014.[7]
As of the end of 2012, the company was active in over 35 countries.
In 2019, Iliad made 5.33 billion revenue.[8]
Iliad Italia, an Italian subsidiary of Iliad, was launched in Milan, Lombardy on May 29, 2018.[9][10]
In May 2019, Iliad and Salt sold a majority of their telecommunications towers in France, Italy, and Switzerland to Cellnex Telecom for €2.7 billion — €2 billion for Iliad (covering 70% of its towers) and €700 million for Salt (90% of its towers).[11] The deal included approximately 5,700 towers in France and 2,200 in Italy.[12]
In September 2020, Iliad acquired Play, the largest mobile operator in Poland, for US$4.2 billion.[13]
In July 2021, Xavier Niel, founder of Iliad, announced the acquisition of the remaining 29% of the company he did not already own, in a US$3.7 billion deal.[14]
In September 2021, Iliad acquired UPC Poland, a subsidiary of Liberty Global, for €1.5 billion.[15]
Subsidiaries
[edit | edit source]- Free (France)
- Free Mobile (France)
- Iliad Italia (Italy)
- Play (Poland) and its subsidiaries, including Virgin Mobile and UPC Poland
- Eir (Ireland)
- Scaleway (France)
- Tele2 (Sweden)
- Millicom (Luxembourg)
See also
[edit | edit source]
- Telecommunications in France
- Telecommunications in Ireland
- Telecommunications in Italy
- Telecommunications in Luxembourg
- Telecommunications in Poland
- Telecommunications in Sweden
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References
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External links
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