Maroc Telecom, the leading telecom operator in Morocco, reported a solid growth dynamic in 2025, driven primarily by its international activities in sub-Saharan Africa. The group's consolidated revenue reached 37.2 billion Moroccan dirhams (MAD), up 4.2% year-on-year, according to the company's audited financial results published in March 2026.
The international segment, which includes operations in Burkina Faso, Gabon, Mali, Mauritania, and other African countries, contributed 15.8 billion MAD, representing a 6.1% increase. This growth was supported by rising mobile data usage and mobile money services in these markets. In contrast, domestic revenue in Morocco remained relatively flat at 21.4 billion MAD, reflecting intense competition and regulatory pressures.
Net profit attributable to the group stood at 7.1 billion MAD, up 3.5% from 2024. The company's EBITDA margin improved slightly to 50.2%, supported by cost optimization measures. Maroc Telecom's total mobile subscriber base exceeded 77 million, with 70% of customers located outside Morocco.
Looking ahead, the operator plans to invest 6 billion MAD in 2026, focusing on expanding 4G and 5G networks in Morocco and upgrading fiber infrastructure in its African subsidiaries. The company also confirmed its dividend policy, proposing a payout of 5.20 MAD per share for the 2025 fiscal year.
