Maroc Telecom has reported a net profit of $760 million (MAD 6.969 billion) for 2025, a dramatic rebound that reflects both operational recovery and stronger cross-border performance.
The impressive profit profile results that shot up by 288% from 2024, highlight how diversified regional footprints are increasingly cushioning operators against domestic pressures while funding long-term infrastructure upgrades.
Morocco’s largest telecoms operator further revealed on Friday that its turnover for 2025 reached $4 billion (MAD 36.7 billion), representing an increase of 1.4% compared to 2024.
The company attributed the improvement primarily to international operations, which grew by 5.3%, driven by data, mobile money and broadband demand across its African subsidiaries. At the same time, the operator emphasised the resilience of its Moroccan business despite competitive and regulatory headwinds.
The Q4 momentum reinforced that trajectory, supported largely by its Moov Africa operations, which continue to anchor customer and revenue expansion beyond Morocco.
Investments, equivalent to 25.6% of annual revenue, were channelled into network modernisation, including the rollout of 5G services and fibre infrastructure, positioning the operator for higher data consumption across both urban and regional markets.
“This development is explained by the increase in investments, notably integrating the cost of the 5G license in Morocco and the renewal of licences in Moov Africa subsidiaries,” the company said in its statement, linking capital intensity directly to future growth capacity.
Maroc Telecom added that its 2025 performance confirmed the “strength of its model and execution capacity in a demanding competitive macroeconomic environment,” citing rigorous cost control and financial discipline as key margin stabilizers.
The operator’s footprint also remains strategically significant in Africa. Beyond Morocco, the group operates in Benin, Burkina Faso, the Central African Republic, Chad, Gabon, Ivory Coast, Mali, Mauritania, Niger and Togo, markets where rising connectivity demand continues to outpace global averages.
As operators across the continent balance profitability with infrastructure spending, Maroc Telecom’s results illustrate a broader African telecom reality that international diversification, digital service growth and next-generation networks are fast becoming the central drivers of sustainable earnings.
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