Maroc Telecom

Rabat, Morocco Founded: 1998 • Age: 28 yrs Acquired By Etisalat
Telecommunications services including mobile and internet are provided in Morocco.
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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
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    RCAR

    & 2 more

  • Employee Count
    11022

    as on Dec 31, 2017

  • Investments & Acquisitions
    Moov Togo

    & 1 more

  • Acquired by
    Etisalat

    & 1 more

    (Jul 23, 2013)

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People of Maroc Telecom
Headcount 10000+
Employee Profiles 1
Employee Profiles
People
Francois Vitte
Chief Finance And Administration Officer, Member Of The Management Board

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Teams

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Funding Insights of Maroc Telecom

  • Total Funding
  • Total Rounds 1
  • Last 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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Provides mobile, fixed, and internet services for reliable connectivity.
Founded Year Domain Location
A global technology group focused on telecommunications and digital solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile telecommunication services are offered to customers in Togo.
2014
Integrated telecommunication services are provided across Latin America and Africa.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Maroc Telecom

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Maroc Telecom Comparisons

Employees
+
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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
domain founded_year HQ Location
MTN Group is recognized as a leading telecommunications provider in Africa.
domain founded_year HQ Location
Provider of telecommunication services
domain founded_year HQ Location
Airtel is recognized as a provider of telecommunications and internet services.
domain founded_year HQ Location
Provider of integrated telecommunication services
domain founded_year HQ Location
Mobile internet services are provided for homes and offices.
domain founded_year HQ Location
Integrated telecom service provider
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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?

Maroc Telecom's top competitors include MTN, AT&T and Optus.

How many acquisitions has Maroc Telecom made?

Maroc Telecom has made 2 acquisitions, including Moov Togo, and Tigo.

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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