RABAT (Reuters) – Maroc Telecom, Morocco’s largest telecoms operator, on Tuesday reported an adjusted profit of 4.52 billion dirhams ($415 million) in the first nine months of this year, up 5.1%.
Revenue inched up 0.1% to 26.8 billion dirhams over the same period, as Maroc Telecom’s customer base increased 3.9% to 76 million.
Besides Morocco, the company operates subsidiaries in Benin, Burkina Faso, Ivory Coast, Gabon, Mali, Mauritania, Niger, Chad, Togo and the Central African Republic.
Maroc Telecom, which is listed on the Casablanca Stock Exchange and Euronext Paris, is 53% controlled by the UAE’s Etisalat, with the Moroccan state owning 22%.
(Reporting by Ahmed Eljechtimi; Editing by Kirsten Donovan)
