A step forward amidst a still very intense competition
As expected, the year 2015 was marked by the integration of six new African subsidiaries in the the group's consolidation scope, since January 26, 2015, and the launch of 4G+ services in Morocco. Maroc Telecom recorded an increase in H1 2015 revenues (+13.9%, yoy) to reach MAD16.583bn due to the expansion of the group's consolidation scope (vs. 17.3% expected for 2015). In Morocco, revenues decreased by 2% following further price cuts in the mobile segment (Mobile revenues fell by 7.6%) despite sustained growth in Fixed and Internet activities (+9%), thanks to the continued increase in Fixed (+6.8%) and broadband (+15.7%) parks.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.