About Maroc Telecom
Maroc Telecom is a company based in Rabat (Morocco) founded in 1998 was acquired by Etisalat in July 2013.. The company has 11,022 employees as of December 31, 2017. Maroc Telecom has completed 2 acquisitions, including Moov Togo and Tigo. Maroc Telecom operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Rabat, Morocco
- Employees 11022 as on 31 Dec, 2017
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Sectors
Telecommunications
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Phone
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Website
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Social
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Funding Insights of Maroc Telecom
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Post-IPO - Maroc Telecom | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Maroc Telecom
Maroc Telecom has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include RCAR, Gabon Telecom and e& (etisalat and). This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provides mobile, fixed, and internet services for reliable connectivity.
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Founded Year | Domain | Location | |
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A global technology group focused on telecommunications and digital solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Maroc Telecom
Maroc Telecom has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Moov Togo and Tigo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mobile telecommunication services are offered to customers in Togo.
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2014 | ||||
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Integrated telecommunication services are provided across Latin America and Africa.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Maroc Telecom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Maroc Telecom Comparisons
Competitors of Maroc Telecom
Maroc Telecom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MTN, Jio, Airtel, SK Telecom and Optus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Provider of integrated telecommunication services
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Integrated telecom service provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Maroc Telecom
Frequently Asked Questions about Maroc Telecom
When was Maroc Telecom founded?
Maroc Telecom was founded in 1998 and raised its 1st funding round 21 years after it was founded.
Where is Maroc Telecom located?
Maroc Telecom is headquartered in Rabat, Morocco.
Who is the current CEO of Maroc Telecom?
Abdeslam Ahizoune is the current CEO of Maroc Telecom.
How many employees does Maroc Telecom have?
As of Dec 31, 2017, the latest employee count at Maroc Telecom is 11,022.
What does Maroc Telecom do?
Maroc Telecom (also known as Itissalat Al-Maghrib) provides telecom services in Morocco. Its services include mobile services, internet services to businesses. It also sells mobile and fixed-line handset and multimedia equipment. It became private in 2001 when Moroccan government sold 35 stake to Vivendi. In 2014, Etisalat bought a 53 stake in Maroc Telecom from Vivendi for EUR 4.2B. As part of the transaction, Etisalat sold its African subsidiaries to Maroc Telecom. In 2020, the company recorded annual revenues of 3.9 B and a net profit of 571.3 M.
Who are the top competitors of Maroc Telecom?
How many acquisitions has Maroc Telecom made?
Who are Maroc Telecom's investors?
Maroc Telecom has 3 investors. Key investors include RCAR, Gabon Telecom, and e& (etisalat and).
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