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Iliad to rent out Apple iPhone 5s in France for 49 euros down, 12 euros per month over 24 months

“Low-cost mobile operator Iliad will lease high-end smartphones to subscribers of its 19.99 euro or 15.99 euro per month Free Mobile packages as it continues to heap pressure on France’s leading telecoms operators,” Reuters reports.

“Subscribers to the Free Mobile packages can now rent high-end smartphones, such as Apple Inc’s iPhone 5s,” Reuters reports, “for 12 euros ($16.50) a month over two years, with an initial payment of 49 euros.”

“Earlier this month, Iliad added 4G high-speed broadband service to its Free Mobile offers without raising the price,” Reuters reports. “This increased competition with Orange, Vivendi’s SFR and Bouygues Telecom…”

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