Heba Press – Economy
The Maroc Telecom Group’s customer base reaches 80 million customers. According to the latest company data
According to a group report received by Hiba Press, the group’s customer base recorded growth of 6.1 percent to reach 79.7 million customers.
According to the same source, the company achieved a consolidated turnover amounting to 27.5 billion dirhams, recording relative stability with a slight increase of 0.7% compared to the same period of the previous year. .
The company adds that the growth in the number of mobile Internet transactions at the Moov Afrique agency level (+15.7%*) has increased significantly, while the number of fiber optic transactions (FTTH) in Morocco reached (+34%). , which offset the drop in the number of ADSL and mobile transactions in Morocco.
The group maintained high profitability, as the group’s EBITDA margin reached 51.8%, and also maintained a high level of group investments (excluding frequencies and licenses), which represent 19.1% of the number of transactions .
The Maroc Telecom Group’s achievements in the third quarter of 2024 were characterized by positive dynamics in the activities of Moov Africa branches and continued efforts to control costs. The group has managed to maintain its turnover growth and achieve a high level of profitability despite a still intense competitive environment.
The investment policy adopted by the group, combined with the quality of the services it offers, helps to encourage the use of high-speed Internet and paves the way for the use of new generations of technologies, whether either in the Moov Afrique agencies or in Morocco.
