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Iliad SA

French telecommunications company From Wikipedia, the free encyclopedia

Iliad SA
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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.

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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]

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History

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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]

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Subsidiaries

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References

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