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Etisalat reaches 53% stake in Maroc Telecom in $505m deal

2021-08-17 02:00:00| Total Telecom industry news

Etisalat Group has today announced that they have acquired full ownership of the Etisalat Investment North Africa (EINA), having purchased the 8.7% stake it did not own from Abu Dhabi Fund for Development for $505 million…read more on TotalTele.com »

Tags: deal telecom reaches maroc

 

Maroc Telecom partners with Molotov to launch MT TV streaming service

2021-07-06 09:19:00| Telecompaper Headlines

(Telecompaper) French start-up Molotov announced that its B2B arm (Molotov Solutions) has been selected to create and operate Maroc Telecom's new multi-screen...

Tags: service partners launch telecom

 
 

Maroc Telecom 9-month revenues rise slightly, customer base up 4%

2020-10-19 09:22:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom Group's total revenues increased by 0.7 percent to MAD 27.50 billion in the first nine months to 30 September from MAD 27.31 billion in the same period in 2019. The resilience of international activities partially offset the decline in revenues in Morocco, which were hit by the Covid-19 crisis. The group's customer base increased by 4.3 percent to 70.5 million compared to 2019, with subsidiary customer bases up by 7.3 percent, fixed lines up by 6.7 percent and fixed broadband customers up by 10.4 percent in Morocco. 

Tags: customer base slightly rise

 

Maroc Telecom Group revenue rises 4% in Q1, customer base up 11%

2020-04-20 09:47:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom Group's consolidated revenue increased by 4 percent to MAD 9.31 billion for the first quarter to 31 March from MAD 8.95 billion in Q1 2019, thanks to a 6.9 percent rise in the group's international revenue. EBIDTA was MAD 4.79 billion, up 3.1 percent from MAD 4.65 billion, driven by the increase in revenue. The EBITDA margin was 51.5 percent.

Tags: up group customer base

 

Maroc Telecom fined MAD 3.3 bln for restricting competition on fixed market

2020-02-03 09:17:00| Telecompaper Headlines

(Telecompaper) Morocco's National Telecommunications Regulatory Agency has fined Maroc Telecom MAD 3.3 billion (EUR 311 million) for anti-competitive practices. This follows a complaint from rival Wana (Inwi) over the incumbent's failure to comply with regulations on local loop unbundling. 

Tags: market fixed competition mad

 

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