Morocco’s telco market is forecast to contract from $4.5 billion in 2012 to $4.2 billion in 2017, according to Pyramid research.
Telco companies in that country are therefore set to increasingly look to mobile 4G services to boost their revenues, in what has become a saturated market.
Morocco’s has 31.311 million subscribers, with a mobile penetration rate of well over 100%.
The country's three mobile providers in the form of IAM, Meditel and Inwi could therefore look to roll-out 4G services by 2014, in a bid to revitalise their business prospects.
Morocco is to make 4G licences available by the end of 2012.
“The mobile segment, which made up 67.2% of total revenue in 2011, is expected to remain the largest revenue-generating segment in Morocco through the end of the forecast period,” said the research company.
“This strength will be due partially to mobile broadband uptake (especially with the planned arrival of 4G technology) and increased competition among the three mobile providers,” the company said further.
The report also paints a negative picture of Morocco’s fixed data market revenue, which the research company says is “paltry” when compared with other African and Middle East markets.
Pyramid projects that this segment will account for just $140 million of total telecom revenue in 2012.
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