Iliad SA

Iliad S.A. is a French provider of telecommunication services. 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
TypeSociété Anonyme
Euronext: ILD
CAC Mid 60 Component
ISINFR0004035913 
IndustryTelecommunications
Founded1990 (1990)
FounderXavier Niel
Headquarters
Paris
,
France
Area served
Key people
Revenue €5.33 billion (2019)
€1,72 billion (2019)
Number of employees
8,900 (2016)
SubsidiariesFree, Free Mobile, Iliad Italia, Online, eir, Play
Websiteiliad.fr

History

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.[2]

On August 1, 2014, Iliad SA publicly announced a bid to acquire a 56% stake in the United States wireless carrier T-Mobile US 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.[3][4][5] The bid was dropped in October 2014.[6]

As of the end of 2012, the company was active in over 35 countries.

Iliad Italia, an Italian subsidiary of Iliad, was launched in Milan, Lombardy on May 29, 2018.[7][8]

Subsidiaries

See also

References
  1. "Iliad SA". Financial Times. Retrieved 6 September 2014.
  2. Morris, Anne (21 March 2014). "Inside the fight for the future of France's mobile market: What happens when SFR is finally sold?". ZDNet. Vive la tech. Retrieved 30 Jul 2019. Vivendi's owner has just entered exclusive talks that could see France's second largest telco sold to Altice.
  3. "Sprint Said to Plan T-Mobile Bid as Banks Pushed to Fund". Bloomberg. Retrieved 2 August 2014.
  4. "Surprise Bidder Enters Battle for T-Mobile US". The Wall Street Journal. Retrieved 2 August 2014.
  5. "Free Mobile sparks French telecoms war". Financial Times. Retrieved 2 August 2014.
  6. "France's Iliad Drops Plan to Acquire T-Mobile US". The Wall Street Journal. Retrieved 14 October 2014.
  7. "Mobile : le "basta !" d'Iliad, qui se lance en Italie". La Tribune (in French). Paris, France. 29 May 2018. Retrieved 29 May 2018.
  8. "Iliad débarque en Italie avec une offre qu'il veut "révolutionnaire"". Capital (in French). Gennevilliers, France. 29 May 2018. Retrieved 29 May 2018.
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