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France's Iliad has recorded 50 million total subscribers in the first half of 2024

Iliad now Europe's 5th largest telecoms operator

France's Iliad said today it had reached its goal to become Europe's fifth largest telecoms operator by the number of customers, after it recorded 50 million total subscribers in the first half of 2024.

Business • 29 Aug 24

Billionaire Xavier Niel took the company private a few years ago

France's Iliad posts Q1 core profit rise, confirms target

French telecoms group Iliad has today reported a 12.2% rise in core profit as it expands into the data centre business from three European locations.

Business • 30 May 24

French investor Xavier Niel, which owns Iliad, has a stake in eir

France's Iliad to take $1.3bn stake in Sweden's Tele2

French investor Xavier Niel and his Iliad telecoms group have agreed to buy a 19.8% stake in Swedish telecoms operator Tele2 for 13 billion crowns ($1.26 billion), investment company Kinnevik said in a statement today.

Business • 26 Feb 24

Iliad's brands include Free Mobile in France

Iliad posts higher core profit in tough sector backdrop

French telecom provider Iliad has today reported a 4.1% rise in its half-year core profit, supported by gains across its markets and the expansion of its activities in Italy.

Business • 30 Aug 23

France's Casino is saddled with net debt of €6.4 billion and is teetering on the brink of default

Casino's board approves talks with Kretinsky

Casino shares rose slightly in hesitant trade this morning as they resumed trading after the board of the troubled French retailer approved moving forward with talks with Czech billionaire Daniel Kretinsky over a plan to inject new money in the company.

Business • 18 Jul 23

Kretinsky closes in on Casino as rivals drop bid

Czech billionaire Daniel Kretinsky neared victory today in a battle to take over French retailer Casino after rival bidders pulled out of the race.

Business • 17 Jul 23

The proposed cash injections from the two billionaires are only the first step in Casino's wide-ranging restructuring plan

Rival billionaires to detail rescue plans for Casino

Rival bidders seeking to take over struggling French retailer Casino will today present their respective plans to rescue the group, two sources close to the matter said.

Business • 11 Jul 23

Casino will present two rival bids to representatives of its debt holders today at a meeting hosted by France's finance ministry

Casino shares slump as rescue bid details emerge

Casino shares fell as much as 40% today after the cash-strapped retailer said the injection of new capital that would result from two rival offers to rescue the group meant existing shareholders would be wiped out.

Business • 05 Jul 23

France's Casino is paying the consequences of years of debt-fuelled deals

France's Casino's rescue triggers billionaires contest

The rescue of cash-strapped French supermarket chain Casino is triggering a billionaires contest pitting French telecoms maverick Xavier Niel against Czech energy tycoon Daniel Kretinsky in two rival investment proposals.

Business • 04 Jul 23

Billionaire Xavier Niel took Iliad private two years ago

Iliad sales rise as investments in 4G and 5G pay off

French telecoms group Iliad has today reported a 10% jump in annual sales, boosted by investments in 4G and 5G and expansion in Poland.

Business • 16 Mar 23

Xavier Niel has telecoms investments in nine countries in Europe

French telecoms tycoon Niel buys 2.5% stake in Vodafone

French billionaire telecoms executive Xavier Niel, the founder and majority owner of Iliad, has bought a 2.5% stake in Britain's Vodafone through an investment vehicle.

Business • 21 Sep 22

French telecoms firm Iliad is owned by billionaire Xavier Niel, who also has a stake in eir

French telecoms firm Iliad's core profit jumps 12.8%

French telecoms firm Iliad has today reported a 12.8% rise in its half-year core earnings, driven by higher sales in the three countries it operates in.

Business • 30 Aug 22

Xavier Niel, the founder of French telecoms firm Iliad

New subscribers fuel 50% profit growth for Iliad

French telecoms company Iliad has posted a 51% rise in core profit as it added subscribers across its markets in France, Italy and Poland amid stiff competition that could prompt consolidation across the sector.

Business • 22 Mar 22

Iliad is to launch a mobile service in the territory

Digicel and Iliad agree French West Indies network deal

Digicel, Denis O'Brien's Caribbean based telecoms company, has signed a deal with the French company that controls eir that will see the two firms share network in the French West Indies.

Business • 02 Jun 20

Carolan Lennon, Eir's new chief executive

Eir's third quarter earnings rise, but revenues dip 1%

Telecoms group Eir has reported a dip in its third quarter revenues while its operating costs fell by 4% year on year to €118m.

Business • 11 May 18

Niel's deal for Eir stake now complete

Eir said today that the deal to buy a majority stake in the telecoms company by a consortium led by French billionaire Xavier Niel is now complete.

Business • 09 Apr 18

A consortium led by French billionaire Xavier Niel is to buy a majority stake in Eir

Majority stake in Eir sold to French billionaire

A consortium led by billionaire Xavier Niel has agreed to buy a majority stake in Eir in a deal which values the company at about €3.5 billion - including debt.

Business • 20 Dec 17

Xavier Niel