Maroc Telecom outlines spending plans

17 Jan 2013

In a filing to the French stock market regulator, Maroc Telecom has revealed that it plans to invest MAD10 billion (USD1.2 billion) to upgrade its broadband network. The telco, which is 53%-owned by Vivendi and 30%-owned by the Moroccan government, will carry out the investment between now and 2015. Maroc Telecom also stated that it will invest MAD4 billion in its other markets, including Mauritania, Burkina Faso, Gabon and Mali.

Morocco,Maroc Telecom (IAM),

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