Maroc Telecom’s 2024 Performance: Fiber, Mobile Money, and Data Drive Success

Maroc Telecom has released its 2024 annual results, highlighting a 4.5% increase in its customer base and a 1.2% rise in consolidated revenues. Group EBITDA also saw a slight 0.3% growth, with Fixed Data revenues in Morocco increasing by 9.2%.

Some highlights of the Business Review Include:

• Increase of 5.0% in the postpaid customer base
  Decrease of 4.7% in blended ARPU to 43.3 MAD/month
• Growth in Data revenues offsets decline in Voice revenues
  29% growth in FTTH customer base, partly offsetting the decline in ADSL customer base
• 5.2%(1) revenue growth among Moov Africa subsidiaries excluding reduction in call termination rates
  Strong growth of +15.6%(1) in Mobile Data, +21.1% in Fixed Internet and +14.4%(1) in Mobile Money
• 18% year-on-year growth in Mobile Data traffic, driven by the development of Mobile Broadband usage
  9% growth in Fixed Data traffic year-on-year driven by growth in the FTTH customer base
• 24% growth in subsidiaries’ Mobile Data traffic thanks to the densification and modernization of radio sites
  FTTH network extensions in Mauritania, Gabon, Mali, Burkina Faso and Côte d’Ivoire to support 74% growth
  in customer base year-on-year