At the invitation of its majority shareholder, the royal holding company Al Mada, the board of directors of the mobile operator Wana, better known as Inwi, decided to end the legal battle initiated in March 2018 against the incumbent operator Maroc Telecom for unfair competition.
Inwi's decision comes just days after the National Telecommunications Regulatory Authority (ANRT) fined Maroc Telecom MAD3.3 billion (€310.2 million). The telecoms regulator accused the state-owned telecoms company of blocking competition in fixed-line broadband since 2013.
Inwi's backward step seems to reflect renewed confidence in the ANRT, which in the past had not stopped Maroc Telecom's anti-competitive actions. The telecoms regulator's once timid reaction to Maroc Telecom's refusal to apply its new regulatory decisions on unbundling, taken in December 2014; the multiple formal notices blithely trampled on by Maroc Telecom; the verbal battles between the incumbent operator and the telecoms regulator; had ended up leading competitors to the option of a legal battle, visibly fairer.
Commenting on the measure by the regulator, Wana says it is confident in the prospects for consolidation and development of the telecoms sector in Morocco.
Muriel Edjo
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...
Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...
The institution said the outlook for commodity prices remains subject to significant risks, including a longer-than-expected duration of hostilities in...
Transtu to acquire 48 railcars for metro and TGM lines €160 million EBRD-backed plan supports rail upgrades and expansion Government targets 36...
ArcelorMittal Q1 iron ore output falls 3.2% to 9.7 million tons Liberia operations hit record output amid $1.8 billion expansion Company targets...
Côte d'Ivoire raises gasoline price to 875 CFA francs/liter Kerosene price increased to 745 CFA francs per liter Global oil surge, subsidies and...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....