The Iliad Group (also referred to as the “Group”) is the leading alternative operator in the landline
telecommunications market in France.
The Group's operations are made up of two business segments, defined based on operating criteria:
− The Broadband segment, which includes Internet service provider operations (marketed
under the Free and Alice brands), hosting services (marketed under the Online,
BookMyName, Alice and Dedibox brands), call center operations (Centrapel, Total Call and
Free), Wimax activities (IFW), and operations related to the rollout of the FTTH (fiber-to-thehome)
network (Free Infrastructure, IRE, Immobilière Iliad and Citéfibre).
− The Traditional Telephony segment, which includes switched landline telephony (One.Tel
and Iliad Telecom), resale of airtime to operators (Alice), directory services (mainly the
ANNU reverse look-up directory accessible by Minitel, telephone, Internet and SMS text
messaging) and e-commerce operations (Assunet.com).
ADSL broadband and value-added services, combined within the Broadband segment, represent the
dominant source of revenue, while revenues from the Group’s other offerings, combined within the
Traditional Telephony segment, are declining as planned. In the six months to June 30, 2009, the
Broadband segment represented more than 99% of Group revenues excluding inter-segment sales.
These segments may change in the future, depending on operating criteria and the development of the
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