BUSINESS Moroccan main telecoms operator unveils 1.04 bln USD investment plan

BUSINESS

Moroccan main telecoms operator unveils 1.04 bln USD investment plan

Xinhua

22:25, August 26, 2019

aa57ad6e2de54915a617651b6b5dfc36.jpgFile photo: CGTN

RABAT, Aug. 26 (Xinhua) -- Maroc Telecom, Morocco's main telecoms operator, unveiled on Monday a 10-billion-dirham (1.04 billion US dollars) investment program to improve the country's communications infrastructure.

It is the sixth investment agreement of its kind that Maroc Telecom has signed with the Moroccan government, a company statement said.

Covering the years of 2019-2021, the program consists of the development of communications infrastructure throughout the country, as well as providing high-speed fixed and mobile broadband, it added.

Maroc Telecom, controlled by the United Arab Emirates' Etisalat Group and the Moroccan government, has subsidiaries in more than 10 African countries.

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