Maroc Telecom 2025 Consolidated Results: 77 Million Customers, 5G Roll‑out and Attractive Dividend

Maroc Telecom announced its 2025 consolidated performance, highlighting a 3.6 % rise in the total customer base to almost 77 million, driven mainly by the Moov Africa subsidiaries. Revenue grew modestly by 1.4 % on a constant‑currency basis, with EBITDA margins staying above the 50 % threshold. The group posted a net profit of MAD 6.97 bn, bolstered by a one‑off settlement with Wana Corporate, and plans to distribute a dividend of MAD 4.00 per share. The launch of 5G in Morocco and a disciplined CAPEX strategy—about 25 % of revenue—set the stage for continued growth in 2026.

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