Maroc Telecom

Rabat, Morocco Founded: 1998 • Age: 28 yrs Acquired By Etisalat
Telecommunications services including mobile and internet are provided in Morocco.
Annual revenue - Latest available
Total funding - 1 rounds
Employees 11022 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $36.7 B
    -0.24
    as on Dec 31, 2024
  • Net Profit
    $1.8 B
    -65.91
    as on Dec 31, 2024
  • EBITDA
    $13.1 B
    -30.01
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • 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

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).

All
Institutional
Investor Description Founded Year Domain Location
-
Locked Locked Locked
Provides mobile, fixed, and internet services for reliable connectivity.
Locked Locked Locked
A global technology group focused on telecommunications and digital solutions.
Locked Locked Locked
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Investor details for Maroc Telecom

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  • Investor locations
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  • Participation history

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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.

Investments
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Investment portfolio details for Maroc Telecom

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile telecommunication services are offered to customers in Togo.
Locked Locked 2014 Locked
Integrated telecommunication services are provided across Latin America and Africa.
Locked Locked 1999 Locked
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Complete acquisition details for Maroc Telecom

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Financial Statements - Maroc Telecom

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Detailed financials for Maroc Telecom

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Maroc Telecom Comparisons

Maroc Telecom Primary company
Description
Telecommunications services including mobile and internet ar...
Location
Rabat, Morocco
Founded Year
1998
Annual Revenue
$36.7 B
Net Profit
$1.8 B
EBITDA
$13.1 B
Employees
11,022
As of 2017
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Peer comparison for Maroc Telecom

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
MTN Group is recognized as a leading telecommunications provider in Africa.
Locked Locked Locked
Provider of telecommunication services
Locked Locked Locked
Airtel is recognized as a provider of telecommunications and internet services.
Locked Locked Locked
Provider of integrated telecommunication services
Locked Locked Locked
Mobile internet services are provided for homes and offices.
Locked Locked Locked
Integrated telecom service provider
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Detailed competitors of Maroc Telecom

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Latest news on Maroc Telecom

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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 current CEO of Maroc Telecom.

As of Dec 31, 2017, the latest employee count at Maroc Telecom is 11,022.

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.

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

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

Maroc Telecom has 3 investors. Key investors include RCAR, Gabon Telecom, and e& (etisalat and).

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