REGISTRATION DOCUMENT AND FINANCIAL REPORT - Iliad

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5. INFORMATION ABOUT THE COMPANY AND THE GROUP 5.1 HISTORY AND DEVELOPMENT 2003 • Roll-out of LLU to the majority of the French population • The Group becomes the second largest ADSL broadband Internet service provider in France (March 2003) 4 • Acquisition of the prepaid phone card specialist Kertel • Launch of the ADSL fixed telephony service using the Freebox modem in August 2003 (under Option 1) • Launch of an ADSL-based audiovisual content service offering in December 2003 2004 • Iliad’s initial public offering. Listing on the Euronext Paris Premier Marché on January 30, 2004 • Launch in March 2004 of voice over ADSL services under Option 5 using the Freebox modem • Launch of a fully unbundled service offering (June 2004) • Launch of the ADSL 2+ service offering (October 2004) • Broadcast of Canal+ TV offers via the Freebox (November 2004) 2005 • Launch of the Freeplayer offering through the Freebox (June 2005) • Acquisition in November 2005 of Altitude Telecom which holds the only national WiMAX license for France (3.5 GHz) • Launch of the Video on Demand (VoD) offering on the Freebox, in conjunction with Canalplay (December 2005) 2006 • Launch of the new HD Freebox TV service, DTT Tuner (TF1 and M6 accessible), WiFi Mimo and mobile telephony over WiFi (April 2006) • Launch of Dedibox – a dedicated server hosting service available to private individuals (May 2006) • Canalplay Kids, a VoD offering for children available on the Freebox (May 2006) • Capacity of personal web pages increased to 10 Gb (June 2006) • Issue of bonds convertible for new shares and/or exchangeable for existing shares (OCEANE) representing a total nominal value of €330,624,932.40 (June 2006) • Calls to Guadeloupe and Martinique and 11 other new international destinations included in the Freebox package (June 2006) • Internet bandwidth increased for unbundled Freebox subscribers offering speeds of up to 28 Mbit/s (July 2006) • Telephone line rental included in the Freebox subscription (€29.99 per month) in nonunbundled areas (August 2006) • Iliad sells Société.com (August 2006) • Launch of HD Freebox Digital Video Recorder (September 2006) • Free announces its fiber-to-the-home (FTTH) roll-out program (September 2006) • Acquisition of Citéfibre (October 2006) • Agreements entered into with TF1 and M6 for programs to be broadcast on the Freebox (December 2006) 4 Source: IDATE, The World Atlas of the Internet, 2003 edition. 14 - Iliad – Registration Document 2007
2007 • Sale of Kertel (February 2007) 5. INFORMATION ABOUT THE COMPANY AND THE GROUP 5.1 HISTORY AND DEVELOPMENT • Freebox can be used as a fax machine (April 2007) • Free signs an agreement with UPS for the delivery of the HD Freebox (May 2007) • A selection of free channels available to a greater number of subscribers using MPEG-4 format (May 2007) • Launch of Free Home Vidéo, a subscription-based Video on Demand (S-VoD) service (June 2007) • Launch of DslSafe, an innovative software solution designed to optimize the quality of triple play services (June 2007) • Launch of TV Perso Freebox, first service in the world enabling Free subscribers to create their own television channel (June 2007) • Iliad applied for France’s fourth mobile phone license. ARCEP rejected Iliad’s application as it requested a deferred payment arrangement (July 2007) • TV accessible to all Free subscribers (July 2007) • Agreement with the Canal+ Group: The Freebox TV package offers 7 new channels (August 2007) • Launch of Free’s FTTH offer, Internet access at a speed of 100 Mbit/s, telephony and audiovisual services on two televisions for €29.99 per month (August 2007) • The Walt Disney company and Free conclude a S-VoD movie agreement (September 2007) • Free rolls out IPv6 (December 2007) 5.1.6 Important events in the development of the Group’s business 5.1.6.1 A leading Internet service provider and telecommunications operator in France Formed in 1991, the Group has leveraged its telecommunications networking expertise to establish itself as the third largest Internet service provider in France 5 . The Group is now one of the major players in the Internet and telecommunications sector in France due to its highly attractive services as viewed by the consumer market. The Group is currently: • the third largest ADSL broadband Internet service provider with a 19.7% 6 share of the French residential market. At December 31, 2007, Free had 2,904,000 ADSL broadband subscribers 7 ; • a major player in the unbundling of the local loop in France, with 2,366,000 unbundled access lines. This leading position in the unbundling arena has enabled the Group to provide technically sophisticated services (such as high connection speeds and “triple play” offerings) that are both attractively priced and profitable for the Group. Over the last few years, the Group has seized opportunities for external growth in order to enhance and optimize the use of its network. Its existing data traffic business (Free) has been complemented with a voice business 5 Source: Iliad/ARCEP 6 Source: France Télécom 7 Source: Iliad/France Télécom Iliad – Registration Document 2007 - 15
Page 1 and 2: Société anonyme. Share capital:
Page 3 and 4: TABLE OF CONTENTS GENERAL COMMENTS
Page 5 and 6: 16.2 SERVICE CONTRACTS ENTERED INTO
Page 7 and 8: 1. PERSONS RESPONSIBLE 1.1 PERSON R
Page 9 and 10: 3. SELECTED FINANCIAL INFORMATION 3
Page 11 and 12: 4. RISK FACTORS 4.1 RISKS RELATING
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Page 27 and 28: Considering acquisition opportuniti
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9. OPERATING AND FINANCIAL REVIEW 9
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9.1.2 ADDITIONAL INFORMATION 9.1.2.
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11. RESEARCH AND DEVELOPMENT, PATEN
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13. PROFIT FORECASTS OR ESTIMATES T
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14. ADMINISTRATIVE, MANAGEMENT AND
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15. COMPENSATION AND BENEFITS 15.2
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16. FUNCTIONING OF THE COMPANY’S
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17.1 HUMAN RESOURCES 17. EMPLOYEES
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18.1 IDENTIFICATION OF SHAREHOLDERS
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19. RELATED PARTY TRANSACTIONS 19.
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20. FINANCIAL INFORMATION CONCERNIN
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2.3.4 List of subsidiaries and affi
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21.1 SHARE CAPITAL 21.1.1 Amount of
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21. ADDITIONAL INFORMATION 21.1 SHA
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21.1.8 Authorized unissued share ca
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21.4.2 Changes in the Iliad share p
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Not applicable. 23. THIRD PARTY INF
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25. INFORMATION ON SHAREHOLDINGS 25
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GLOSSARY Broadband ARPU (Average Re
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GLOSSARY IP (Internet Protocol): te
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GLOSSARY Spamming: the bulk mailing
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RR Donnelley : 01 53 45 19 00
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REGISTRATION DOCUMENT AND FINANCIAL REPORT - Iliad

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