Maroc Telecom releases yearly figures

21 Jan 2008

Moroccan former telecoms monopoly Maroc Telecom has reported that its full-year consolidated revenues in 2007 rose 21.7% to MAD27.53 billion (USD3.57 billion), driven by 30% year-on-year growth in the group’s domestic and international mobile customer base. Maroc Telecom, majority owned by French media and telecoms group Vivendi, has subsidiaries in Mauritania (Mauritel), Burkina Faso (Onatel) and Gabon (Gabon Telecom), as well as MVNO operations in France and Belgium under the Mobisud brand. At the end of 2007, the telco’s Moroccan fixed line customer base reached 1.289 million lines, up 1.8% compared to the end of 2006, whilst domestic ADSL subscribers stood at 470,000, up 22.4%. Domestic fixed line revenues were MAD9.451 billion, down 5.5% year-on-year. Compared to 2006, internet segment revenues increased by more than 25% to over MAD1 billion. The Moroccan GSM mobile user base reached 13.327 million at end-December, up 24.5% year-on-year, and ARPU stood at MAD108.3, down by 4.1%. Moroccan mobile turnover climbed 20.3% to MAD17.096 billion. Mauritel registered 50.4% growth to finish the year with 905,000 cellular customers, and Onatel’s mobile subscriber base grew by 131% in the year to 564,000, whilst 386,000 users had signed up to Gabon Telecom’s mobile unit Libertis by the end of 2007, a 60.3% increase from end-2006.

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