Moroccan telecommunications operator, Maroc Telecom, reported a strengthened turnover of 8.9 billion dirhams by the end of March, reflecting an increase of 0.1 percent at a stable exchange rate.
In a financial results statement, the group attributed this growth to the activities of its Moov Africa subsidiaries, which rose by 4.1 percent, offsetting a decline in revenues in Morocco, which fell by 3.7 percent.
The report highlighted that the growth in Moov Africa is linked to the increase in mobile data, fiber optics, and mobile money services.
Regarding activities in Morocco, the downturn is attributed to a decrease in mobile operations, partially compensated by growth in fixed data services.
Maroc Telecom began 2025 with activity indicators similar to those of 2024 amid a highly competitive environment. Continuous efforts to improve costs are bolstering the group’s performance and maintaining a high profitability level.
In Morocco, a significant agreement signed with Inwi is expected to accelerate the country’s digital transition, opening promising horizons for the future.
Simultaneously, the launch of innovative products and services, along with major partnerships, is contributing to the resumption of growth in promising markets, the group confirmed.
At the subsidiary level, the alignment of commercial offerings, along with ongoing investment, particularly in high-speed internet and mobile money services, is expected to enhance the group’s growth by attracting new customers and encouraging service utilization.
The group will intensify its investments to accelerate the rollout of fixed and mobile high-speed internet infrastructure, both in the domestic market and internationally.
