Who owns Maroc Telecom?
Maroc Telecom is owned by Itissalat Al-Maghrib SA (Morocco, EPA: IAM).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Maroc Telecom — Rapport financier annuel 2025, Itissalat Al-Maghrib (Maroc Telecom) SA. Last checked .
Key facts
- Current owner
- Itissalat Al-Maghrib SA reported
- Owner HQ
- 🇲🇦 Morocco, Rabat
- Origin
- 🇲🇦 Morocco, Rabat
- Founded
- 1998
- Category
- Telecom › Mobile › Mobile carriers
- Parent ticker
- EPA: IAM
- Last verified
- · 1 sources
About Maroc Telecom
Maroc Telecom is the brand under which Itissalat Al-Maghrib sells mobile, fixed-line and internet service in Morocco. At the end of 2025 it had 19.19 million mobile customers, 1.64 million fixed lines and 1.42 million broadband connections. Its Moroccan revenue fell 2.4% in 2025 to 18.7 billion dirhams. It switched on 5G in November 2025, after paying 800 million dirhams for the licence and the related spectrum.
Ownership timeline of Maroc Telecom
- Current owner Maroc Telecom [1] reported
Where Maroc Telecom sits in Maroc Telecom
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- Gabon Telecom (51%)
- Maroc Telecom
- Moov Africa
- Moov Africa Côte d'Ivoire (85%)
- Onatel (61%)
Open the full Maroc Telecom ownership tree →
See the full Maroc Telecom brand portfolio (5) →
Other brands owned by Maroc Telecom
Maroc Telecom controls 5 brands on Brandtree, 5 of them in telecom.
Also in telecom
Other brands in mobile carriers, and who owns them
Maroc Telecom has more brands in mobile carriers on Brandtree than any other owner: 5 of 25.
| Brand | Owner | Owner based in |
|---|---|---|
| Safaricom | Vodafone | 🇬🇧 United Kingdom |
| DIGI Portugal | Digi | 🇷🇴 Romania |
| C&W | Liberty Latin America | 🇧🇲 Bermuda |
| Tigo | Millicom | 🇱🇺 Luxembourg |
| by.U | Telkom Indonesia | 🇮🇩 Indonesia |
| One NZ | Infratil | 🇳🇿 New Zealand |
| NTT DOCOMO | NTT | 🇯🇵 Japan |
| Smart | PLDT | 🇵🇭 Philippines |
About the owner: Maroc Telecom
Maroc Telecom is a publicly listed company headquartered in Rabat, Morocco, founded in 1998. Brandtree records 5 brands under its control, and it is listed as EPA: IAM.
Maroc Telecom is Morocco's fixed, mobile and internet operator, created on 26 February 1998 when the state split up its post and telecoms office, the ONPT. It is listed in both Casablanca and Paris. Its reference shareholders are SPT, a Moroccan company controlled by Etisalat, with 53%, and the Kingdom of Morocco with 22%. Outside Morocco it runs ten operators under the Moov Africa brand. At the end of 2025 the group had nearly 77 million customers, and it reported 36.7 billion dirhams of revenue, with the African subsidiaries now bringing in slightly more than Morocco.
Maroc Telecom: full profile, brands and acquisition history →
🇲🇦 Maroc Telecom and other Moroccan brands
Brandtree records a controlling owner for 34 brands that began in Morocco. All of them are controlled from Morocco.
Frequently asked questions
Who is the parent company of Maroc Telecom?
The parent company of Maroc Telecom is Itissalat Al-Maghrib SA, a publicly listed company headquartered in Morocco.
Is Maroc Telecom Moroccan?
Yes. Maroc Telecom originated in Morocco in 1998 and its owner, Itissalat Al-Maghrib SA, is also headquartered in Morocco.
Is Maroc Telecom still owned by Itissalat Al-Maghrib SA?
Yes. As of 27 October 2026, Maroc Telecom is still owned by Itissalat Al-Maghrib SA. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Maroc Telecom — Rapport financier annuel 2025 — Itissalat Al-Maghrib (Maroc Telecom) SA, Annual report; retrieved 27 October 2026.
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