Rabat- Morocco’s largest telecom operator, Maroc Telecom, said its 2014 net income amounts to 5.850 million Dirhams ($613.51 million), an increase of 5.6 % compared with 2013.
The group said in a press release issued on February 23, 2015 that it generated consolidated revenues of MAD 29,144 million for the 2014 financial year, an increase of 2.1 percent compared with 2013. However, the activities in Morocco generated revenues of MAD 21,133 million during the financial year 2014, a limited 0.8 % decrease compared with 2013.
The group added that revenues for the mobile activities in Morocco were down 3.2 % to MAD 15,214 million for the year ended December 31, 2014 despite a 0.2% increase of the Mobile customer base, reaching 18.2 million customers.
As at the end of 2014, the Fixed-line customer base increased by 7.6% to 1,483,000 lines, while the ADSL customer base increased by 17.6 % to 984,000 customers.
“This performance was due to the success of the double-play offers, and to the enhancement of the Phony offers via an increase in the number of free hours to calls to mobile phones, “the group said.
The company said that its customer base reached over 40 million customers, an increase of 8.2 percent compared with 2013, primarily due to the international operations, where the customer base is around 20 million customers, up 17 percent in one year.
Internationally, Maroc Telecom Group’s operations posted an 11.3% increase in revenues, which amounted to MAD 8,630 million driven by the increase in the Mobile customer base (17%).
The group also finalized the purchase of six new assets in Africa from Etisalat, in Benin, the Ivory Coast, Gabon, Niger, the Central African Republic, and Togo.
Abdesalam Ahizoune, Chairman of the Management Board of Maroc Telecom said that “with the acquisition of six new African operators, Maroc Telecom is boosting the strategic positioning of its international operation in fast-growing regions, where the continuation of substantial investment programs in infrastructure and services will support Maroc Telecom platform, one of the most efficient telecoms platforms in Africa.”
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