Pursuits
Iliad Reaches Record Since 2004 IPO on Mobile Users: Paris Mover
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Iliad SA, the wireless company that shook the French market with 2 euro-a-month ($2.50) packages, rose to a record in Paris after winning 3.6 million subscribers in the first six months of its venture into mobile and beating earnings estimates.
The shares rose as much as 5.9 percent, the biggest jump in three months, to 127.75 euros, a record since the Paris-based company first sold shares publicly in January 2004 for 16.3 euros apiece. The stock was up 3.5 percent at 124.90 euros as of 9:31 a.m. local time.