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Meditel Morocco Mobile Susbscribers Hits 4 Million


2004-04-02 10:17:29 | Viewed 1095 times

Médi Télécom (Meditel), says it now has 4.023 million mobile subscribers, an increase of 47.4% over the previous 12 months.

Net customer additions in the fourth quarter of 2005 were 185,000, 17% up on the fourth quarter of 2004. Revenues for the full-year 2005 were EUR397 million, up 21%.

OIBDA increased by 2% year-on-year to EUR153 million, while the OIBDA margin for the year was 39%, down from 46% the previous year, affected by a 40% rise in overall commercial activity.

Meditel's competitor, Maroc Télécom said it has 8.8 million mobile subscribers at the end of 2005.

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