Iliad : The Play deal creates € 1bn in value by our calculations
>On paper, Play is an attractive deal - The acquisition of Play might have come as a surprise, as the group had regularly repeated that it had no plans to switch its attention away from its Italian adventure until it had reached breakeven. Yet, the opportunity seems to fit like a glove with Iliad’s story: once critical mass had been achieved in mobile in Italy, the goal was to develop the franchise in fixed via wholesale agreements and using Iliad’s expertise in fixed...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.