Iliad SA

Iliad
Euronext: ILD
Société Anonyme
Industry Telecommunications
Founded 1990 (1990)
Founder Xavier Niel
Headquarters Paris, France
Area served
 France, Free Telecom
Israel, Golan Telecom
Key people
 Xavier Niel, Maxime Lombardini, Michaël Boukobza, Arnaud de Bermingham, Angélique Gerard
Revenue Increase €4.16 billion (2014)
Number of employees
 7,795 (30/06/2015)
Subsidiaries Free, Free Mobile, Golan Telecom
Website iliad.fr/en/

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]

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][3]

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.[4][5][6]

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

Subsidiaries

See also

References

  1. ↑ "Iliad SA". Financial Times. Retrieved 6 September 2014.
  2. ↑ "$3 a Month? The Discount Magic of Iliad, French Bidder For T-Mobile". The Wall Street Journal. Retrieved 6 September 2014.
  3. ↑ "Inside the fight for the future of France's mobile market: What happens when SFR is finally sold?". ZDNet. Retrieved 6 September 2014.
  4. ↑ "Sprint Said to Plan T-Mobile Bid as Banks Pushed to Fund". Bloomberg. Retrieved 2 August 2014.
  5. ↑ "Surprise Bidder Enters Battle for T-Mobile US". The Wall Street Journal. Retrieved 2 August 2014.
  6. ↑ "Free Mobile sparks French telecoms war". Financial Times. Retrieved 2 August 2014.

External links


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