Maroc Telecom to invest MAD 10.09 bln in broadband roll-out

Thursday 17 January 2013 | 12:41 CET | News
Maroc Telecom will invest MAD 10.09 billion to upgrade Morocco's broadband network, it said in a filing to the French stock market regulator. The company, which is 53 percent owned by French conglomerate Vivendi and 30 percent owned by the Moroccan government, will invest the amount between 2013 and 2015. Maroc Telecom said that it will also invest MAD 4 billion in other African countries where it operates, such as Mauritania, Burkina Faso, Gabon and Mali, over the same period. The firm has signed an agreement with the government to modernise and expand infrastructure to meet the growing

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Categories: Fixed / Internet
Companies: Maroc Telecom / Vivendi
Countries: Morocco
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