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General

Maroc Telecom Q3 revenues down 7% on weak domestic market

Tuesday 30 October 2012 | 11:00 CET | News
Maroc Telecom group's revenues amounted to MAD 22.52 billion in the first nine months of 2012, down 3 percent year-on-year as lower revenues in Morocco (-7.1%) offset strong revenue growth (+17%) in its international business. In the third quarter alone, revenues fell 6.9 percent to MAD 7.35 billion. The group's customer base continued to grow, up 18 percent from a year earlier to nearly 33 million thanks to a 43 percent rise at the international business. Over the first nine months, EBITDA amounted to MAD 12.53 billion, down by 2.7 percent from a year earlier. This reflects the 8.1 percent

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Categories: General
Companies: Maroc Telecom
Countries: Africa / Morocco
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