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    ILD   FR0004035913

ILIAD

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5G: iliad awarded 70 MHz of spectrum in the 3.4 - 3.8 GHz band

10/01/2020 | 02:25pm EDT

PRESS RELEASE

Paris, October 1, 2020

5G: ILIAD AWARDED 70 MHz OF SPECTRUM

IN THE 3.4 - 3.8 GHz BAND

The iliad Group is about to increase its spectrum portfolio, having been awarded 70 MHz of 3.4 - 3.8 GHz frequencies, i.e. 23% of the spectrum available in the auction that ended today.

The Group has been awarded two blocks of 10 MHz for a total price of €252 million, to be paid over four years. This is in addition to the 50 MHz block obtained by the Group after making the commitments specified by ARCEP, in return for a payment of €350 million spread over 15 years.

This investment, made possible by the iliad Group's solid financial position, will enable the Group to maintain its growth in the French mobile market by launching soon 5G services for its 13.4 million subscribers in the near future.

In addition, from 2021, the Group reminds that it will extend its spectrum in the 900 MHz frequency band (+2.6 MHz symmetrical) and in the 2.1 GHz frequency band (+9.8 MHz symmetrical).

About iliad

iliad is the parent company of Free, the inventor of the Freebox, the first multiservice box on ADSL. Free is behind numerous innovations in the Broadband and Ultra-Fast Broadband access segment (VoIP, IPTV, flat-rate calling plans to multiple destinations, etc.) and provides straightforward and innovative offerings at the best prices. Since January 2012, Free has brought mobile phone usage within everyone's reach with straightforward, no-commitment offerings at very attractive prices. As at June 30, 2020, Free had nearly 20 million subscribers in France (6.6 million Broadband and Ultra-Fast Broadband subscribers and 13.4 million mobile subscribers). On May 29, 2018, the Group launched its mobile network in Italy under the iliad brand, becoming the country's fourth operator, and had nearly 6.3 million subscribers at June 30, 2020.

To find out more: https://www.iliad.fr/en/

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Contacts:

Investors Relations: ir@iliad.fr

Press Relations: presse@iliad.fr

Exchange: Euronext Paris

Market place: Eurolist A of Euronext Paris (SRD)

Ticker symbol: ILD

ISIN: FR0004035913

FTSE classification: 974 Internet

Member of Euro Stoxx, SBF 120, CAC Mid 100

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This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Iliad SA published this content on 01 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2020 18:24:00 UTC


© Publicnow 2020
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