All Brands Owned by iliad Group (iliad SA)

Is iliad publicly traded?

No. iliad was listed on Euronext Paris from 2004 until November 2021, when founder Xavier Niel bought out minority shareholders and delisted the company. It is now privately held and controlled by Niel.

Who owns iliad?

Xavier Niel, the group's founder, controls iliad through his holding structures. The 2021 squeeze-out removed remaining minority shareholders, making it one of Europe's largest founder-controlled private companies.

When was iliad founded?

The group's origins date to 1991, when Niel founded his first telecom businesses in France. It took its modern holding-company form around Free in the late 1990s and listed in 2004 before delisting in 2021.

What brands does iliad own?

The portfolio includes Free and Free Mobile in France, iliad's Italian operation, Play in Poland, Free Pro business services, Scaleway cloud, Stancer payments, ITrust cybersecurity, and Jaguar Network. It also retains a stake in OpCore, the data center venture now majority-owned by InfraVia.

What was iliad's revenue in 2025?

Group revenue was EUR 10.35 billion in 2025, up 3.2%, with EBITDA after leases of EUR 4.04 billion and operating free cash flow of EUR 2.25 billion. France contributed EUR 6.63 billion, Poland EUR 2.49 billion, and Italy EUR 1.25 billion.

Where does iliad operate?

Operations are concentrated in France, Italy, and Poland for telecom, with Scaleway's cloud services extending into additional European markets including the Netherlands and planned expansion to Sweden and Germany.