Telecom

Morocco: Maroc Telecom commits $1bln to improve telecom sector

Tuesday, 27 August 2019 20:08
Morocco: Maroc Telecom commits $1bln to improve telecom sector

(Ecofin Agency) - Maroc Telecom announced on August 26 it has signed an investment deal with the government for MAD10 billion (about a billion dollars). Funds, disbursed by the incumbent operator, will be pumped into the development and strengthening of telecommunications infrastructure, broadband and very high speed (mobile and fixed) deployment across the country.

The investment, the sixth of its kind signed with the government, will run from 2019 to 2021. It aims to meet the growing demand of populations for quality connectivity and their desire to experiment with new technologies.

The company had already initiated similar programs that helped to gradually bring certain parts of the national territory out of the digital isolation. Over the past five years, Maroc Telecom raised more than 58 billion dirhams (about $6 billion). Added to the new disbursement, this makes a total of more than MAD68 billion ($7,121,212,736).

According to the latest statistics from the national telecoms regulator (ANRT), published in March 2019, Maroc Telecom was the leader in the national telecoms market with 43.8% of the shares and an annual growth rate of 2.37% in a market of 44.73 million subscribers.





 
Finance


 
Public Management


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.