Maroc Telecom has just published its consolidated results for the third quarter of 2020, marked by continued growth in Fixed-line activities in Morocco.
Over the first nine months of 2020, the activities in Morocco generated a turnover of 15,729 million dirhams, down 3.6% compared to the same period of 2019. This decline is explained over there fall in mobile revenue, which suffers from the impact of the crisis, in particular on international entry and roaming activities. This decrease is mitigated by the increase in Fixed income.
As of September 30, 2020, the Mobile fleet amounts to 19.7 million customers, down 2.8% over one year because of decline in prepaid stock (-3.5%). The effects of the health crisis are exerting significant pressure on the Mobile activities, which recorded a turnover down 5.5%, to 10,132 million dirhams.
At the end of the first nine months of 2020, the mixed ARPU amounted to 55.1 dirhams, down 6.1% over one year.
The fixed park, which grew by 6.7% over one year, now has nearly 2 million lines at the end of September 2020, while Broadband customer base improved by 10.4% to reach 1.7 million subscribers, driven by the Double-play and Fiber Optic offers.
The Fixed Line and Internet activities in Morocco achieved a turnover of 7,093 million dirhams, up 2.0% compared to the same period of 2019, driven by Fixed Data
“In this context of a global health crisis and tougher competition, the international diversification strategy, initiated by Maroc Telecom several years ago, once again demonstrates its success. International assets allow the Group to improve its resilience in this difficult environment. Maroc Telecom has also shown a great capacity to adapt to face the effects of the crisis, through the adoption, from the start of the pandemic, of cost optimization plans and optimized management. investments. The Group is also continuing to modernize its infrastructure and services in order to offer customers the best quality and the widest coverage in all countries of presence. Maroc Telecom, a committed operator, is positioning itself as a catalyst for digitization and the fight against the digital divide. “ , declared Abdeslam Ahizoune, Chairman of the Management Board on the occasion of the publication of the quarterly results.
