Maroc Telecom reports 8.5 percent profit increase for 2003
Posted on: Wednesday, 24 March 2004, 06:00 CST
Maroc Telecom has reported a profit of four billion Moroccan dirhams ($444 million) for 2003, an 8.5 percent increase compared to figures from the previous year.According to the company Director General Abdeslam Ahizoune, Maroc Telecom achieved an MD 15.2 billion turnover last year, a 3.4 percent increase compared to 2002, he said at a press conference.Ahizoune also said that the company's mobile subscriber base had reached five million users, a 68 percent market share
. Maroc Telecom's fixed phone line subscriber based now stands at 1.2 million users.Maroc Telecom is the largest telecommunications provider and mobile operator in Morocco. Global media and communications company Vivendi Universal holds 35 percent of Maroc Telecom's shares and is responsible for managing its operations. - (menareport.com)Related Articles
- TNS Media Intelligence Reports U.S. Advertising Expenditures Declined 1.6 Percent in First Half 2008
- China Starts Revamping Its Telecom Industry
- VendorRate Grows to 10,000 IT and Telecom Vendors
- The Telecom Market in Algeria Continued to Grew By 200% for the Fourth Year in a Row
- Smaller Rival Makes an Offer to Purchase Portugal Telecom
- 3 Companies Compete Over Ground Communication Networks Exploitation
- Surapong Wants Price Based on Investment
- The X factors
- Ripplewood bets on growth of data telecom market
Rating: 3.3 / 5 (9 votes)
 |
 |
Rate this article:
User Comments (0)
RSS Feeds