Maroc Telecom Q1 2026 Net Profit: 1.3B MAD

Maroc Telecom reported Q1 2026 net profit of 1.3 billion MAD, with consolidated revenue up 5% to 9.3 billion MAD.

Maroc Telecom Q1 2026 Net Profit: 1.3B MAD

Image: lematin.ma

Maroc Telecom, Morocco's incumbent telecommunications operator, reported a net profit of 1.3 billion Moroccan dirhams (MAD) for the first quarter of 2026, according to its latest financial results. The company's consolidated revenue reached 9.3 billion MAD, marking a 5% increase compared to the same period in 2025.

The revenue growth was driven by a 1.8% rise in the customer base, which now totals 76 million subscribers across its operations in Morocco and its African subsidiaries. The operator also highlighted increased data usage and digital services adoption as key contributors to the quarterly performance.

Maroc Telecom, which is majority-owned by UAE's Etisalat (e&), continues to invest in network expansion and 5G deployment in Morocco. The company's EBITDA margin remained strong, supported by cost optimization measures and higher-margin data services.

In its African markets, the operator saw steady growth, particularly in mobile money and fixed broadband segments. The group's international subsidiaries contributed significantly to the overall customer base expansion.

❓ Frequently Asked Questions

What was Maroc Telecom's net profit for Q1 2026?

Maroc Telecom reported a net profit of 1.3 billion Moroccan dirhams (MAD) for the first quarter of 2026.

How many subscribers does Maroc Telecom have?

As of Q1 2026, Maroc Telecom had 76 million subscribers across Morocco and its African subsidiaries, up 1.8% from the previous year.

Who is the majority owner of Maroc Telecom?

Maroc Telecom is majority-owned by Etisalat (e&), the UAE-based telecommunications group.

📰 Source:
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