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Articles tagged with: Maroc Telecom
Maroc Telecom Subscriber Base Up 11% in 2009
Morocco's Maroc Telecom Group has reported that its revenues for the first nine months of 2009 totaled EUR1,999 million, up 3.6% compared to the same period in 2008 (+1.1% at constant currency and at constant perimeter). Despite a continuing difficult economic environment, revenue growth was driven by both an ongoing leadership position in Morocco and the solid performance of Maroc Telecom's subsidiaries. more
Related Tags: Morocco
Competition Stings Morocco's Telecom Incumbent
Morocco's telecommunications market will be marked by an increase in competition in both fixed and mobile segments during the next five years, leaving incumbent Maroc Telecom to deal with the mounting pressure, according to the latest report from Pyramid Research. more
Related Tags: meditel, wana, base, broadband, Morocco
Customer growth collapses as Maroc Telecom's Moroccan business stalls
For a few days last month Maroc Telecom's parent company Vivendi looked like it might pull off one of the most audacious attempts yet to arrest control of one of the Middle East & Africa's largest mobile operations from the now well-entrenched players. However, Zain, whose Celtel unit was the subject of the interest, could not agree on price with the French company and the chance of a deal - however unlikely most commentators, including your author, thought that to be - now looks to be dead and gone. If a transaction had gone ahead it would most likely have had a significant effect on Maroc Telecom's place in the Vivendi group, with the Moroccan incumbent slotting in as part of a much larger overall portfolio. more
SFR Q1 Revenues Up 31% - Sells 120,000 iPhone Handsets
France's Vivendi Group has reported a 6.9% drop in first-quarter adjusted net profits to EUR 649 million (US$883 million) due to interest costs on higher debt. Interest payments reached EUR 108 million, up from EUR 37 million a year ago. more
Related Tags: vivendi, sfr, iphone, mobile-internet, France
Maroc Telecom takes over Mali's Sotelma
APA- Rabat (Morocco) The Moroccan telecommunications group said on Saturday it had acquired 51% of the Malian national telecommunication company (Sotelma) after making a €252 million bid. more
Related Tags: portugal-telecom, vivendi, Mali
In Global Telecoms, Emerging-Market Players Take Pole Positions
Telecom companies from emerging markets navigated the rough economic waters far better than their peers in developed markets, and they are starting to expand outside their home turf, according to Oliver Wyman's 2009 Communications, Media, and Technology State of the Industry Report. more
Related Tags: sim-card, deutsche-telekom, microsoft, vodafone, gps, wind, china-mobile, verizon, orascom-telecom, chunghwa-telecom, bharti, comcast, bharti-airtel, oi, tracfone, smart, starhub, orascom, play
Maroc Telecom buys out 51% of Malian public operator
APA-Bamako (Mali) Maroc Télécom has offered 250 million euros to take the lead of contesting companies for the buy out of 51% of the Malian public company (Sotelma) shares, official sources disclosed Friday in Bamako. more
Morocco to Award 3rd Mobile Operating License
In a short statement from the Moroccan telecoms regulator - the Agence Nationale de Réglementation des Télécommunications - it has announced plans to award a 3rd mobile phone license in the country. No technical details were provided save to note that the license would be restricted to 2G services - presumably GSM or CDMA. more
Related Tags: 3g-license, Morocco
Saudi Telecom Cuts 3,000 Jobs - Eyes Further Overseas Expansion
Saudi Telecom says that it is seeking to invest in telecoms operators in North Africa, and will cut about 14% of its workforce in its home market. The redundancies will affect around 3,000 staff. more
Related Tags: etisalat, zain, vivendi, maxis, turk-telekom, telekom, etihad-etisalat, vsat, Saudi Arabia
Safaricom Shares Surge As Trading Starts in Nairobi
Shares in the massively oversubscribed Safaricom floatation soared when trading opened this morning on the Nairobi Stock Exchange. Share were sold to domestic investors at 5 shillings each (with 5.5 shillings for overseas investors) and jumped by 45 percent to reach 7.4 shillings by lunchtime - having at one point reached 8 shillings during the mornings trade. more
Related Tags: ipo, safaricom, vodafone-kenya, vodafone-group, Kenya