French telecom group Iliad SA (ILD.FR) presented a series of low cost mobile phone offers Tuesday, a move which is expected to spark an intense price war in Europe's second largest telecommunications market.

Iliad, France's newly minted fourth mobile operator, launched offers ranging from EUR2 a month to EUR19.99, for unlimited calls, SMS and 3 gigabytes of data. Iliad said its offers undercut rivals including France Telecom SA (FTE.FR), Bouygues SA (EN.FR) and Vivendi SA's (VIV.FR) SFR.

-By Max Colchester, Dow Jones Newswires; +33 1 4017 1740; max.colchester@wsj.com

Vivendi (PK) (USOTC:VIVHY)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Vivendi (PK) Charts.
Vivendi (PK) (USOTC:VIVHY)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Vivendi (PK) Charts.