Iliad ups subscriber goals on strong first-half

French telecoms operator Iliad on Thursday reported strong half-year results and revised up some of its targets, helped by gains in fiber subscribers as coronavirus-driven lockdowns drove up demand for connectivity.

In France, the country's second largest telecoms operator raised its fiber subscription goals to 2.8 million by the end of 2020 - having reached its prior 2 million goal in May - and from 4.5 million to over 5 million by the end of 2024.

"We see the transition towards fiberoptics is accelerating," chief executive Thomas Reynaud told reporters.