Tuesday , May 30 2023

Named by ILIAD, Italy – Indices & Shares


(AOF) – Iliad has signed the largest increase in SRD and SBF 120 as quarterly publications that can be relieved. The three-color operator saw total sales rise 1.7% to € 124 million despite a highly competitive environment. Investors welcome this performance. We especially welcome Italian donations, which raised more than 23.3 million subscribers in 4 months and generated revenues of € 46 million. Titles increased from 9.38% to 109.10 euros.

Launched in June, Iliad Italia has won three competitors – Vodafone, Telecom Italia and Wind 3 – which are already in competition. Operator also decided to increase twice the number of commercial offers from 5.99 to 7.99 euros per month.

In France, subscriber losses continue because of the promotion strength of entry-level offers. But the parent company of freedom resists. This loss was smaller than the second quarter. The group's new commercial approach, launched in June, has its first positive effect. The group then redefined its range of historical offerings.

For example, Iliad reported a mobile loss of 90,000 subscribers in the third quarter compared to 200,000 in the second quarter, and reported a broadband loss of 14,000 in the third quarter, compared with 28,000 in the second quarter . Sales fell 2.1% to 1.19 billion.

"Iliad has suffered a significant subscriber loss in the seminar campaign in September, offsetting the positive trend from July to August," UBS advises and recalls Buy and target price at 200 euros.

"The new commercial activity that started since June shows a positive outcome that can improve the trend over the second quarter," he added.

With this trend, Iliad said it will continue its commitment to maintaining and loyalty over the next quarter, "entering a new growth cycle."

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