Rise in mobile activity, customer numbers push Maroc Telecom’s profits to US$620m

MOROCCO – Morocco’s main telecommunication company Maroc Telecom realized a profit of MAD 6 billion (about US$620 million) in 2019, an increase of 1% compared to 2018. Maroc Telecom revealed this in a statement adding that its total revenue reached MAD 36.5 billion ($3.76 billion) in 2019, recording an increase of 1.3% compared to the previous year. The company attributed the slight improvement in its revenue to the growing mobile data activity in Morocco and African markets. Maroc Telecom also noted that its customer base reached 67.6 million customers in…

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