Who owns Sotelma?
Sotelma is not wholly owned by any single company recorded here: Maroc Telecom (Morocco, EPA: IAM) holds a 44% stake.[1] Maroc Telecom bought 51% on 31 July 2009 and, at 30 June 2025, sold 7% to the State of Mali, leaving 44%. A shareholders' agreement between the two main shareholders keeps Maroc Telecom in control, and it still consolidates Sotelma in full.
Evidence: Maroc Telecom — Rapport financier annuel 2025, Itissalat Al-Maghrib (Maroc Telecom) SA. Last checked .
Key facts
- Largest stakeholder
- Itissalat Al-Maghrib SA (44% stake) reported
- Headquarters
- 🇲🇦 Morocco, Rabat
- Origin
- 🇲🇱 Mali, Bamako · browse countries
- Category
- Telecom › Mobile › Mobile carriers
- Parent ticker
- EPA: IAM
- Last verified
- · 1 sources
About Sotelma
Sotelma is Mali's historic telecoms operator, in which Maroc Telecom bought 51% on 31 July 2009. It runs mobile, fixed-line and broadband networks. Its mobile base fell 13.2% in 2025 to 7.15 million customers, and its fixed lines fell to 144,000. In 2025 Maroc Telecom sold 7% of the company to the Malian state, keeping control through a shareholders' agreement.
Ownership timeline of Sotelma
Where Sotelma 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 6 brands on Brandtree, 6 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.
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 →
Frequently asked questions
Who owns Sotelma?
No single company recorded here owns Sotelma outright. Maroc Telecom holds a 44% stake.
Does Maroc Telecom control Sotelma?
Not on the shareholding alone: a 44% holding is not a majority. Maroc Telecom bought 51% on 31 July 2009 and, at 30 June 2025, sold 7% to the State of Mali, leaving 44%. A shareholders' agreement between the two main shareholders keeps Maroc Telecom in control, and it still consolidates Sotelma in full.
Where did Sotelma come from?
Sotelma originated in Mali, in Bamako.
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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