Iliad (Free) relies on fiber to revive

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Times are tough for Iliad. In France, in the last quarters of 2018, the operator of Xavier Niel has lost subscribers in both the mobile and in the fixed Internet. The group, which has long relied on offers at a price to break a place in the hexagon, now suffers large offspring of its competitors, especially those of SFR and Bouygues Telecom.

In the sector, many are pessimistic about its 2018 results, which will be unveiled on March 19. Especially since Orange and Bouygues Telecom have already published theirs, which have been particularly strong. But telecoms are a mature market, where the conquests of some are systematically to the detriment of others …

Investors Iliad, they have long been gray mine. In stock market, the title of the operator has lost more than half of its value in one year, and now sails under the 93 euros.

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To revive in France, Iliad table much on fiber. It is counting on an increase in its very high-speed Internet subscribers (more profitable than ADSL subscribers) to restore health. To win the faithful, Iliad needs to invest to expand its network. It is in this context that he has just received, on Monday, March 4, a loan of 300 million euros from the European Investment Bank (EIB).

This is not the first time Iliad has been helped by Europe to invest in fiber. Between 2020 and 2017, the operator benefited from three loans from the EIB for a total amount of 550 million euros.

Iliad claims 1 million fiber subscribers

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