Iliad : awarded mobile spectrum in the French Overseas Departments (DOM)

Paris, October 13, 2016

Iliad is delighted with ARCEP's announcement today that it has selected Iliad's application from the bids submitted in the auction for 3G/4G spectrum in the French overseas departments. The Group has been awarded spectrum for all of the territories it applied for (Guadeloupe, French Guiana, Reunion Island, Martinique, Mayotte, Saint-Barthelemy and Saint-Martin).

Free has been awarded one of the three blocks of spectrum that were up for auction which includes 4G low frequencies (800 MHz) for all of the territories concerned except French Guiana.

The Group's application for Reunion Island and Mayotte was submitted via the company Telco OI, in which Iliad is a joint shareholder with the Axian group (formerly the Hiridjee group). Telco Ol already operates a 2G/3G mobile network.

Iliad will ensure territorial continuity by providing consumers in these territories with straightforward, innovative and broad offerings at attractive prices, as it already does through Free Mobile in Metropolitan France. The Group will put an end to the totally unjustifiable price discriminations that currently exist between the French overseas departments and Metropolitan France.

The Group plans to invest around €100 million in this project. It will be launching 4G in Reunion Island and Mayotte in the coming months and will start rolling out its network in the other territories without delay.

About Iliad

Iliad is the parent company of Free, the inventor of the Freebox, the first multiservice box on ADSL. Free is behind numerous innovations in the Broadband and Ultra-Fast Broadband access segment (VoIP, IPTV, flat-rate calling plans to multiple destinations, etc.). Free provides straightforward and innovative offerings at the best prices. The Freebox Revolution, the 6th generation of Freebox units,

notably includes an NAS and a Blu-RayTM drive. Free also offers the Freebox mini 4K, the first

AndroidTVTM and 4K box on the French market. Free was the first operator to include calls from landlines to mobile phones in its offerings and also calls to French overseas departments (DOM). Since January 2012, Free has brought mobile phone usage within everyone's reach with straightforward, no-commitment offerings at very attractive prices. Subscribers can use their Free Mobile Plan for 35 days per year and per destination (excl. 4G) when they are traveling in all European Union countries, the United States, Canada, Israel, Australia, Norway and Iceland. As at June 30, 2016, Free had 18.3 million subscribers (6.2 million Broadband and Ultra-Fast Broadband subscribers and 12.1 million mobile subscribers).

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