Iliad shares soar on launch of WiFi mobile, high-definition TV offering

AP Worldstream | April 20, 2006| | Copyright

LAURENCE FROST, AP Business Writer
AP Worldstream
04-20-2006
Dateline: PARIS
Shares in Iliad SA soared Thursday after the French telecom company launched a new set-top box, adding high-definition television and unlimited calls over a WiFi-equipped mobile to its previous TV, Internet and fixed-line bundle.

Iliad shares surged almost 16 percent on the announcement but eased back to euro80.40 (US$99.26) in afternoon trading, 12.4 percent above their closing price on Wednesday.

Iliad pioneered so-called "triple-play" services in France through its Freebox, which offers high-speed Internet, ...

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