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General

Maroc Telecom Group FY revenue rises 3.1% to MAD 35.03 bln

Monday 18 February 2019 | 09:07 CET | News
Maroc Telecom Group said consolidated revenues in the financial year ended 31 December 2018 reached MAD 36.03 billion, up 3.1 percent from MAD 34.96 billion in 2017. This was mainly due to sustained revenue growth in Morocco, driven by the increase in usage and the data customer base, combined with the increase of new subsidiaries. At the end of 2018, the group's customer base was nearly 61 million customers, up 6.5 percent year-on-year, driven by strong growth in both the mobile and fixed line broadband bases in Morocco, as well as in subsidiaries' mobile customer bases. 

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