Morocco’s largest telecoms operator Maroc Telecom (IAM.CS) on Monday reported a 0.9% rise in adjusted first-quarter profit to 1.6 billion dirhams ($160 million), buoyed by increased mobile data activity.
Total revenue gained 4% to 9.3 billion dirhams as the company’s customer base grew 11.3% to 69 million.
Maroc Telecom, which is listed on the Casablanca Stock Exchange and Euronext Paris, is 53% controlled by the UAE’s Etisalat ETISALAT.AD, with the Moroccan state owning 22%.
It operates subsidiaries in Benin, Burkina Faso, Ivory Coast, Gabon, Mali, Mauritania, Niger, Chad, Togo and the Central African Republic.