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Telecoms firm Iliad sees Italian profits this quarter

May 18 (Reuters) - Telecoms group Iliad said on Tuesday it expected to make a profit from its Italian activities sooner than expected, thanks to mobile subscriber gains and a quick network rollout.

Iliad now expects to turn a profit from the region in the current quarter and launch its Italian fixed business after the summer.

The group, which posted quarterly revenues up 33.6%, had previously aimed to launch its Italian broadband business by the summer and turn a profit in Italy in the second half of the year. (Reporting by Sarah Morland and Boleslaw Lasocki in Gdansk. Editing by Mark Potter)

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