Maroc Telecom Reports 0.9% Revenue Growth in H1 2025 Amid Strong International Performance

Maroc Telecom announced consolidated revenue of MAD 18.04 billion for the first half of 2025, marking a 0.9% increase compared to the same period last year, according to Morocco’s Press Agency (MAP). The growth was driven primarily by robust performance from its Moov Africa subsidiaries and expanding fixed data services in Morocco, which offset a decline in domestic mobile revenues.

In Q2 2025 alone, consolidated revenue rose 1.7%, fueled by a 6.5% increase in earnings from international branches. Despite regulatory challenges and intensified competition in Morocco’s communications market, Maroc Telecom described its first-half results as “resilient” and forecasted promising growth ahead.

The group has launched a new transformation strategy focusing on centralized governance for agile operations, strategic partnerships for innovative services, and financial restructuring to enhance cost efficiency and visibility.

International operations contributed MAD 9.44 billion in revenue during H1 2025, a 5.3% rise supported by increased mobile data usage, mobile money services, and fixed internet subscriptions. When adjusted for reduced interconnection rates, international revenue grew 5.6%. Conversely, domestic revenue declined 3.4% year-on-year to MAD 9.2 billion.

Maroc Telecom reaffirmed its commitment to long-term investments in high-performance networks and customer-centric services to boost domestic sales.