Maroc Telecom revenue falls 3% in H1, nearly stable in Q2

Tuesday 27 July 2021 | 16:45 CET | News
Maroc Telecom Group's revenues decreased by 3 percent to MAD 17.78 billion in the first six months of 2021 compared to MAD 18.32 billion in the same period in 2020. The decline in the mobile business in Morocco was partly offset by the strong growth momentum in fixed broadband in Morocco and the activities of the Moov Africa subsidiaries, the company said. In the second quarter, revenues were almost stable, thanks mainly to the performance of the subsidiaries over the same period.

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