Maroc Telecom reported a net profit of $760 million (MAD 6.969 billion) for 2025, marking a dramatic rebound driven by operational recovery and stronger cross-border performance. The result represents a 288% increase compared to 2024, underscoring how a diversified regional footprint is helping the operator navigate domestic pressures while funding long-term infrastructure upgrades.
The company also revealed that its turnover for 2025 reached $4 billion (MAD 36.7 billion), a 1.4% increase from 2024. Maroc Telecom attributed the growth primarily to international operations, which rose by 5.3%, fueled by rising demand for data, mobile money, and broadband services across its African subsidiaries. The operator emphasised that its Moroccan business also remained resilient despite competitive and regulatory challenges.
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Q4 performance reinforced this positive trajectory, largely supported by the operator’s Moov Africa operations, which continue to drive 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 company for higher data consumption across 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 stated, 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 stabilizers for margins.
The operator’s footprint remains strategically significant across Africa. Beyond Morocco, it operates in Benin, Burkina Faso, the Central African Republic, Chad, Gabon, Ivory Coast, Mali, Mauritania, Niger, and Togo—markets where connectivity demand continues to outpace global averages.
As telecom operators across the continent balance profitability with infrastructure spending, Maroc Telecom’s results illustrate a broader African reality: international diversification, digital service growth, and next-generation networks are fast becoming central drivers of sustainable earnings.
