Maroc Telecom, Morocco’s largest telecommunications operator, closed 2025 with a net income of approximately 6.97 billion dirhams (~$760 million), reinforcing the resilience of traditional telecom businesses in North Africa’s evolving digital landscape.
The company’s performance was supported by a mix of domestic market stability and expansion through its Moov Africa subsidiaries, which provide mobile and data services across West and Central Africa. While the headline figure suggests strong growth, adjusted profits show that recurring revenue from subscriptions and enterprise services remains the backbone of profitability.
Data consumption continues to drive revenue. As more businesses and individuals adopt smartphones and digital platforms, mobile internet traffic is growing steadily. Maroc Telecom has also invested heavily in 5G rollout, fibre networks, and enterprise connectivity, positioning itself to capture both consumer and B2B digital services demand.
Analysts note that telecoms like Maroc Telecom benefit from relatively inelastic demand. Internet and mobile services have become essential, insulating operators from some macroeconomic shocks affecting other sectors. The company’s diversified regional presence further cushions against local market volatility.
The net income milestone underscores a broader trend: in a tech ecosystem often dominated by fintech and consumer apps, infrastructure and connectivity players continue to generate real, sustainable cash flow. For investors and policymakers, Maroc Telecom’s 2025 results are a reminder that foundational digital services remain a stable anchor for Africa’s growing tech economy.
Leave a Reply