0
General

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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Maroc Telecom / Moov
Countries: Africa / Morocco
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Etisalat Group increases stake in Maroc Telecom to 53%

Published 18 Aug 2021 09:34 CET | Morocco
The Etisalat Group said it has taken ownership in Etisalat Investment North Africa, after buying the 8.7 percent it did not yet ...

Etisalat Group net profit increases 4% in H1

Published 29 Jul 2021 16:49 CET | United Arab Emirates
Etisalat Group said its net profit increased by 3.9 percent to AED 4.7 billion in the first six months of 2021. Revenues amounted ...

Maroc Telecom renews appointment of Ahizoune as board chairman

Published 28 Jul 2021 10:00 CET | Africa
The supervisory board of Maroc Telecom has renewed the mandate of Abdeslam Ahizoune as chairman of the group board and Brahim ...

Maroc Telecom partners with Molotov to launch MT TV streaming service

Published 06 Jul 2021 09:19 CET | Morocco
French start-up Molotov announced that its B2B arm (Molotov Solutions) has been selected to create and operate Maroc Telecom's ...

Maroc Telecom revenue falls 4% in Q1

Published 23 Apr 2021 09:16 CET | Africa
Maroc Telecom Group's revenues decreased by 4.2 percent to MAD 8.91 billion in the first three months of 2021. A decline in the ...

Maroc Telecom revenue up slightly in Q4, EBITDA margin improves

Published 19 Feb 2021 09:55 CET | Africa
Maroc Telecom's revenue increased by 0.7 percent to MAD 9.27 billion in the fourth quarter, driven by growth at its Moov Africa ...