Iliad : Iliad extends its partnership to Poland and derisks the Play acquisition
>A far better than expected deal - Iliad has announced the extension of its financial partnership to Poland after signing an agreement with Cellnex for the disposal of 60% of the company destined to manage the passive mobile telecoms infrastructures for Play, including 7,000 sites. This agreement is to be transferred to Play once Iliad acquires control of Play. The amount Play is estimated to receive stands at around € 804m. As a future new shareholder in Play, ...Iliad is an operator in the French internet access & telecommunications markets. Co. divides its operations into three business segments: Broadband, Traditional Telephony, and Retail Telecom. Broadband includes Internet service provider operations, hosting services, user assistance operations & operations related to the rollout of the FTTH (fiber-to-the-home) network. Traditional Telephony includes switched landline telephony (One.Tel and Iliad Telecom), directory services (mainly the ANNU reverse look-up directory accessible by Minitel, telephone, Internet and SMS text messaging) and e-commerce operations (Assunet.com). Retail Telecom offers various mobile phones & services to customers.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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