HomeEconomyConsolidated turnover of 9.1 billion dirhams, more than 75 million customers in...

Consolidated turnover of 9.1 billion dirhams, more than 75 million customers in Q1-2023

The Maroc Telecom Group achieved consolidated revenue (CA) of 9.1 billion dirhams (MMDH) at the end of March 2023, up 3.7% (+1% at constant exchange rate).

In a press release on its financial results, Maroc Telecom explains that this development is supported by international revenues which increased by 7.3% (+1.8% at constant exchange rates) as well as revenues in Morocco which improved by 0.6% compared to the same period of 2022.

Despite an unfavorable international context, the Maroc Telecom Group is starting the year 2023 with good operating results and returning to the growth of its turnover, notes the national operator, noting that this positive trend is explained by its policy of investments and its desire to differentiate itself through the quality of its networks and services.

The activity of the subsidiaries in Sub-Saharan Africa continues to be preponderant in the Group’s performance, adds the same source, stressing that their contribution, with the implementation of efficient cost optimization plans, gives Maroc Telecom the necessary means. of sustainable growth.

The Group opts for a proactive approach which enables it to adapt quickly to constant changes in its market and to seize all opportunities.

Thus, during the first quarter of 2023, the Group’s international activities recorded revenue of 4.6 billion dirhams, up 7.3% (+1.8% at constant exchange rates), driven by the growth of Mobile Data by 27% (+20% at constant exchange rate) and the increase in Mobile Money activities by 12% (+7% at constant exchange rate).

Excluding the fall in call terminations, subsidiary revenues increased by 2.1% at constant exchange rates.

In terms of activities in Morocco, they showed a slight growth at the end of March 2023 (+0.6%) and reached 4.78 billion dirhams. This performance is essentially linked to the increase in Fixed Data (+7.2%).

Fixed-line and Internet activities generate revenue of 2.4 billion dirhams, down slightly by 0.3% compared to 2022. The growth of Fixed Data (+7.2%) offsets the drop in Voice.

At the end of the first quarter of 2023, Mobile revenues posted an increase of 0.6% compared to the same period of the previous year.

Over 75 million customers

In addition, the number of Maroc Telecom Group customers reached more than 75 million at the end of March 2023.

In Morocco, the Group specifies, the Mobile base had 19.2 million customers at the end of March 2023, with a post-paid base up 2.5% over one year.

The fixed base stood at nearly 1.9 million lines at the end of March 2023, down 3%, said the press release, noting that the growth of the FTTH base (+45%) largely offsets the drop of the ADSL customer base.

Internationally, the Mobile base reached 51,780,000 customers, spread over Burkina Faso (10,994,000), Côte d’Ivoire (10,193,000), Mali (9,009,000), Chad (5,797,000), Benin (5,515,000), Niger (2,924,000), Mauritania (2,735,000), Togo (2,824,000), Gabon (1,570,000) and Central Africa (219,000).

The fixed base has 363,000 subscribers, spread over Mali (195,000), Burkina Faso (76,000), Mauritania (46,000) and Gabon (46,000), while the fixed broadband base is located at 165,000 clients.



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