Maroc Telecom FY revenues down 3.2%

Thursday 21 February 2013 | 10:08 CET | News
Maroc Telecom Group's revenues declined by 3.2 percent in 2012 to MAD 29.85 billion, hurt by a 7.4 percent fall in revenue in Morocco. The operator said mobile price cuts and reduced termination rates in its home market were only partially compensated by a 17 percent rise in international revenue. EBITDA declined by 1.7 percent to MAD 16.70 billion, as a 7.9 percent decline in EBITDA in Morocco was compensated by strong growth at the international activities. With a gross margin up 1.3 points and operating costs down 1.5 percent, the EBITDA margin improved by 0.8 points from the previous year

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Categories: General
Companies: Maroc Telecom
Countries: Africa
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