About Maroc Telecom
Maroc Telecom is a publicly listed company based in Rabat (Morocco) founded in 1998, and was acquired by Etisalat in July 2013. Telecommunications services including mobile and internet are provided in Morocco. The company has 11,022 employees. Maroc Telecom has completed 2 acquisitions, including Moov Togo and Tigo. Its chief executive, as recorded, is Abdeslam Ahizoune. Its website iam.ma draws about 1.6 million monthly visits. Its focus areas include Telecom, Telecom Operators and Cellular.
Company details
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.
Funding Insights of Maroc Telecom
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Maroc Telecom with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | Post-IPO | – | – |
3 investors in total: 3 institutional.
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).
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| rcar.ma | ||||
Provides mobile, fixed, and internet services for reliable connectivity. | 1998 | gabontelecom.ga | Libreville, Gabon | |
A global technology group focused on telecommunications and digital solutions. | 1976 | etisalat.com |
Investor details for Maroc Telecom
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People of Maroc Telecom
2 people are tracked at Maroc Telecom (2 in leadership); the tracked headcount is 11,022.
| Name | Role | Group |
|---|---|---|
Abdeslam Ahizoune | CEO | Leadership |
Francois Vitte | Chief Finance And Administration Officer, Member Of The Management Board | Leadership |
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IPO & Listings of Maroc Telecom
Maroc Telecom is a publicly listed company on the CSEMA with ticker symbol IAM in Morocco, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Dec 2004
- Listed onCSEMA: IAM
- Listed entityMaroc Telecom SA
- Exchange sectorCommunications
- ISINMA0000011488
- Share price90.55 MAD (+0.06% on the day) · 2026-10-14
- Market capitalisation79,558,133,514.00 MAD
- Price to earnings14.9
- EPS (diluted, trailing year)6.07 MAD
- Dividend yield4.42%
- Volume (last session)759
Financials of Maroc Telecom
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 36.68B MAD | 6.97B MAD | 20.86B MAD |
| 2024 | 36.70B MAD | 1.80B MAD | 13.10B MAD |
| 2023 | 36.79B MAD | 5.28B MAD | 18.72B MAD |
| 2022 | 35.73B MAD | 2.75B MAD | 18.46B MAD |
| 2021 | 35.79B MAD | 6.01B MAD | 18.63B MAD |
Detailed financial statements for Maroc Telecom
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Integrated telecommunication services are provided across Latin America and Africa. | tigo.com | Leudelange, Luxembourg | 1999 | Mar 2019 | •••• | |
Mobile telecommunication services are offered to customers in Togo. | moov.tg | Lome, Togo | 2014 | Jan 2015 | •••• |
Complete acquisition details for Maroc Telecom
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Timeline of Maroc Telecom
7 dated milestones of Maroc Telecom across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Maroc Telecom is founded.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Gabon Telecom.
- Exit Acquired by Etisalat.
- Acquisition Acquires Moov Togo.
- Acquisition Acquires Tigo.
- Funding First funding round.
Web traffic of Maroc Telecom
The website of Maroc Telecom (iam.ma) receives about 1.6M visits a month and ranks #35,095 among all websites worldwide, #4,339 in Search Engines.
- Monthly visits1.6M
▲ 5.9% vs previous month
- Unique visitors656.1K
per month
- Global rank#35,095
among all websites
- Category rank#4,339
Computers Electronics and Technology · Search Engines
- Bounce rate30%
- Pages per visit3.5
- Average visit2 min 08 sec
- DevicesDesktop 15% · Mobile 85%
Websites whose visitors overlap most with Maroc Telecom. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
orange.ma | orange.ma | 100% | #13,213 | – | |
attijarienligne.com | attijarienligne.com | 73% | #140,680 | – | |
| bing.com | 72% | 3.5B | #10 | View details | |
melbet-ma.com | melbet-ma.com | 71% | #8,144 | – | |
| duckduckgo.com | 71% | 730.3M | #51 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Maroc Telecom
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Related news about Maroc Telecom
Complete news archive for Maroc Telecom
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Frequently Asked Questions about Maroc Telecom
Maroc Telecom was founded in 1998 and raised its 1st funding round 21 years after it was founded.
Maroc Telecom is headquartered in Rabat, Morocco.
Abdeslam Ahizoune is the CEO of Maroc Telecom, as recorded in our data.
Maroc Telecom has 11,022 employees.
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.
Yes, Maroc Telecom is publicly traded on CSEMA under the ticker symbol IAM.
Maroc Telecom has 3 investors. Key investors include RCAR, Gabon Telecom, and e& (etisalat and).
Yes. Maroc Telecom was acquired by Gabon Telecom in February 2007.
The website of Maroc Telecom receives about 1.6 million visits a month and ranks #35,095 among all websites worldwide.