Sydney, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. - https://www.budde.com.au/Research/Morocco-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW
It has been supported by the government’s Maroc Digital 2020 strategy (which encourages the development of a digital economy) and the National Broadband Plan (which aims to provide the entire population with fixed or mobile broadband by the end of 2022).
The extension of mobile broadband services has gone far to improving internet access, and it accounts for 93% of all internet connections in the country. It is to be expected that if the government succeeds in achieving its universal broadband goal by 2022, it will be largely thanks to the widespread coverage of LTE networks.
Most fixed broadband connections in Morocco are via DSL, a segment of the market that has long been dominated by the incumbent Maroc Telecom but which, at the same time, has been held back from reaching its full potential due to the national copper-based network only reaching about 20% of the population. Fibre broadband grew by almost 80% in 2020, but the technology is at a relatively nascent stage in Morocco, accounting for less than one percent of all connections.
Other companies have attempted to break into the fixed broadband market but have been repeatedly thwarted by a lack of access to Maroc Telecom’s DSL infrastructure. This situation culminated in Maroc Telecom being fined over MAD3 billion in 2020 for unfair competition practices by restricting local-loop unbundling. The fine was included in the MAD10 billion Covid-19 emergency fund which the government had established to upgrade its health infrastructure and assist the worst-affected segments of the economy during the pandemic. Following a profitable first quarter in 2020, Maroc Telecom donated a further MAD1.5 billion to the fund. This contribution was welcome, given that the State of Emergency has continued through to October 2021.
This report includes the regulator's market data to March 2021, telcos' financial and operating data updates to June 2021, Telecom Maturity Index charts and analyses, assessment of the global impact of Covid-19 on the telecoms sector, and other recent market developments.
Key developments:
- World Bank’s Digital Inclusion Development Policy Financing (DPF) program providing a $500 million loan to help Morocco develop its digital transformation and improve economic and social inclusion.
- Maroc Telecom launches a new m-payment solution through its subsidiary MT Cash.
- Telecom regulator approves the use of the Wi-Fi 6E standard in the 6MHz range.
- Etisalat gains a majority stake in Maroc Telecom after acquiring the Abu Dhabi Fund for Development’s shares, paying $505 million.
- Orange Morocco acquires data centre provider EtixEverywhere’s Moroccan business, including a Tier III data centre in Casablanca.
Companies mentioned in this report:
- Maroc Telecom / Itissalatt Al-Maghrib (IAM), Orange Morocco, Inwi
Read the full report: https://www.budde.com.au/Research/Morocco-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW
