The chief financial officer of French telecoms group Iliad has said that the company is expecting its newly launched cellular network operator Free Mobile to take a 15%-25% market share and to turn a profit ‘in the medium to long term’. Thomas Reynaud told Reuters: ‘It took other European players between five and seven years to be profitable after launch. We will try to get there more quickly.’ He added that network build-out was on track and that Free Mobile hopes to have 2,500 mobile towers in operation by year-end, although it is facing delays receiving permits to construct towers in some areas
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OVETEL Free Mobile looking to build on good start
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