Investor Presentaiton
Resumed revenue
growth in local
currency
Subscriber growth YoY is
driven by international operations
▪ Revenue growth in local
currency supported by summer
seasonality in Morocco and
growth in mobile data in Moov
Africa operations
▪ EBITDA growth in both
domestic operations and Moov
Africa with improved margin
■ Capital spending focused on
expanding FTTH and mobile
network coverage and
capacity
Maroc Telecom Group (1)
Subscribers (m)
72.8
74.9
75.6
Q3'21
Q2'22
Q3'22
Maroc
Telecom
Revenue (AED m) and YoY Growth (%)
+3%
3,522
3,094
3,077
2%
-11%
-13%
Q3'21
Q2'22
Q3'22
Growth Y/Y in local currency
EBITDA (AED m) and EBITDA Margin (%)
CAPEX (AED m) & CAPEX / Revenue (%)
1,918
1,721
1,717
54%
56%
56%
Q3'21
Q2'22
Q3'22
957
641
31%
621
18%
20%
Q3'21
Q2'22
Q3'22
(1) Maroc Telecom Group operates in Morocco, Benin, Burkina Faso, CAR, CDI, Chad, Gabon, Mali, Mauritania, Niger & Togo
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