Friday, May 22, 2009

Maroc Telecom In MAD 10.5 Billion Expansion Bid

Maroc Telecom has unveiled a MAD 10.5 billion investment programme. Maroc Telecom said it had signed the investment programme with the country's government and had undertaken to improve communications infrastructure throughout the country. The investment program will be devoted to the extension and modernization of telecommunications infrastructure and will focus on three key thrusts.
The first objective is to support capacity enhancement with the aim of ensuring optimal traffic management and service quality through the use of a next-generation network, while also enabling the deployment of converged services in the fixed-line and mobile services segments in order to roll out unlimited call plans, IPTV and broadband internet.
The second objective concerns the enhancement of international transmission capacity via the Atlas Offshore submarine cable between Morocco and Europe, together with the construction of a new fibre-optic line between Laayoune in Morocco and the Mauritanian capital, Nouakchott. The latter line will also serve the southern Moroccan provinces of Boujdour, Dakhla and Aousserd.
The third objective involves investments to be allocated to provide coverage across major rural areas and isolated mountain communities as part of the Telecommunications Access Program (PACTE). An additional 7,300 rural areas will be served by the telecommunications network by 2011. Pursuant to the two previous investment agreements, Maroc Telecom made a total investment of over MAD 20 billion during the 2003-2008 period.

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