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Maroc Telecom reports a 10% rise in H1′08 revenues (Morocco)

  • July 22nd, 2008
  • 1:07 pm

Maroc Telecom has reported a 10% year-on-year rise in first half revenues to USD1.985 billion  (MAD14.308 billion), reason being the continous growth of its domestic and foreign mobile operations.

Maroc Telecom 9M turnover up 19% (Morocco)

  • November 6th, 2007
  • 8:42 am

For the first nine months of 2007, Moroccan incumbent Maroc Telecom reported consolidated group revenues of MAD20.326 billion (USD2.651 billion), up 19% compared to the same period of last year, and consolidated operating profit of MAD9.509 billion, up 25.2% year-on-year. The telco attributed the performance to strong growth in its customer bases, especially mobile, both in Morocco and at foreign subsidiaries Mauritel (Mauritania), Onatel (Burkina Faso), Gabon Telecom and MVNO Mobisud France/Mobisud Belgium. In the third quarter of 2007 Maroc Telecom’s consolidated turnover amounted to MAD7.320 billion, up 18.2% year-on-year, whilst consolidated operating income rose 13% year-on-year to MAD3.510 billion. Moroccan operations generated nine-month revenues of MAD19.726 billion, up 8% y-o-y, and operating profit of MAD9.265 billion, up 25.6%. Mobile revenues accounted for MAD12.622 billion of the domestic total, up 16.9% from 2006, with the number of wireless customers rising by 22.3% compared to September 2006, to 12.838 million, after a net increase of 1.1 million users during the July-September quarter. Moroccan mobile churn rate reached 26.6% in 3Q07, up 6.2 percentage points compared to the year-ago period, while monthly blended ARPU stood at MAD109, down 8.1% year-on-year. Domestic fixed line and internet revenues amounted to MAD7.104 billion, down 5.0% year-on-year. At end-September, Maroc Telecom’s number of fixed lines in service reached 1.279 million, up 0.9% in twelve months, and its ADSL customer base reached 443,000, up 36.3%. At its Mauritanian unit Mauritel, a 51.1% annual rise in mobile customers to nearly 843,000 drove an 18.3% year-on-year rise in total revenues to MAD873 million in the first three quarters of 2007.

   

 

 

Maroc Télécom’s revenues up 15.9%

  • May 15th, 2007
  • 6:39 am

Moroccan incumbent telephony operator Maroc Télécom achieved a consolidated turnover of MAD6.11 billion (USD739.1 million) in the first quarter of 2007, up 15.9% on the same period of 2006, the company announced in a press release. The group consolidated the results of subsidiaries Mauritel (Mauritania),Onatel (Burkina )  and Mobisud (French MVNO) for the first time in the quarter. Revenues from fixed line and internet services rose by 2.1% year-on-year to MAD2.62 billion and mobile revenues by 24.5% to MAD4.16 billion. Consolidated earnings from operations rose by 22.3% to MAD2.84 billion, including fixed line and internet earnings down 17.6% to MAD682 million and mobile earnings up 44.3% at MAD2.16 billion. The group’s operating margin rose by three percentage points to 46.6%. In Morocco, Télécom’s fixed line and internet turnover fell by 6.3% to MAD2.32 billion as its fixed line customer base decreased by 4.9% year-on-year to 1.27 million, whilst Moroccan internet customers rose by 38.6% to 424,000. Domestic mobile revenues rose by 19.3% to MAD3.8 billion as the company’s subscriber base grew by 32.6% to 11.37 million. The company claimed a 66.4% share of the country’s mobile market at the end of March, ahead of GSM rival Meditel.