Maroc Telecom raised its consolidated revenue by 11.6 percent to MAD 10.89 billion in the first half, from MAD 9.75 billion in the first half of 2005. The growth was led by the mobile operations, where revenue grew 16.4 percent to MAD 6.86 billion. Fixed-line and internet revenues grew 6.2 percent to MAD 6.15 billion. The company’s consolidated earnings from operations rose to MAD 4.49 billion from MAD 3.92 billion, including mobile up 26.4 percent to MAD 3.06 billion and fixed and internet down 4.4 percent to MAD 1.43 billion. Group net profit rose by 13.7 percent to MAD 3 billion. Maroc Telecom’s Mauritanian subsidiary, Mauritel, increased its earnings from operations by 33.7 percent to MAD 139 million, mainly thanks to mobiles. The group now expects its consolidated revenues and earnings from operations to grow by over 8 percent and over 14 percent, respectively, in full year 2006. It had previously expected its earnings to grow by 12 to 14 percent.

Source- http://www.telecompaper.com/news/article.aspx?id=140050&nr=&type=&yr=

Technorati : Maroc Telecom, Mobile
Ice Rocket : Maroc Telecom, Mobile