Meditel’s 3Q revenues grow 11%, net profit up 91%

4 Nov 2010

Moroccan GSM mobile operator Medi Telecom (Meditel) has reported that its revenues in the third quarter of 2010 grew by 11% year-on-year to MAD4.2 billion (USD519 million), whilst EBITDA increased by 9% to MAD1.6 billion. The business user segment saw revenues increase by 16% in the same period and 3G mobile broadband turnover climbed by 77%. Consolidated net profit rose 91% compared to a year ago, to MAD270 million in July-September 2010.

Morocco,Orange Morocco (Meditel),

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