
Vivendi subsidiary Maroc Telecom anticipates over 7 percent parent company revenue growth this year, versus 21.7 percent group revenue growth to EUR 2.42 million in 2007. New acquisitions in Mauritania and Burkina Faso are performing well. Operating profit is expected to grow by 9 percent this year, with investment to hit EUR 458 million in 2008 compared to EUR 370 million in 2007. Maroc Telecom, whose net profit rose by 19.2 percent to EUR 707.7 million in 2007, seeks to expand its presence elsewhere in Africa. It said it was optimistic about winning a mobile licence in Mali. Mobile phone services are Maroc Telecom's growth driver, with sales up 20.3 percent and customers up 24.5 percent to 13.3 million. Fixed revenues fell by 5.5 percent to EUR 832.5 million.