Maroc Telecom - About the company
Maroc Telecom is an acquired company based in Rabat (Morocco), founded in 1998. It operates as a Telecommunications service provider in Morocco. Maroc Telecom has raised an undisclosed amount in funding. The company has 63 active competitors, including 2 funded and 15 that have exited. Its top competitors include companies like Verizon, AT&T and Vodafone.
Company Details
Maroc Telecom (also known as Itissalat Al-Maghrib) provides telecom services in Morocco. Its services include mobile services, internet services to businesses. It also sells mobile and fixed-line handset and multimedia equipment. It became private in 2001 when Moroccan government sold 35% stake to Vivendi. In 2014, Etisalat bought a 53% stake in Maroc Telecom from Vivendi for EUR 4.2B. As part of the transaction, Etisalat sold its African subsidiaries to Maroc Telecom. In 2020, the company recorded annual revenues of $3.9 B and a net profit of $571.3 M.
- Website
- iam.ma
- Social
Key Metrics
Founded Year
1998
Location
Rabat, Morocco
Stage
Acquired
Latest Funding Round
Investors
Ranked
10th among 63 active competitors
Employee Count
6,701 as on May 31, 2026
Exit Details
Acquired by Etisalat (Jul 23, 2013)
Maroc Telecom's acquisition details
Click here to take a look at Maroc Telecom's acquisition in detail
Sign up to download Maroc Telecom's company profile
Maroc Telecom's funding and investors
Maroc Telecom has raised funding over 1 round. Its latest funding round was a Post IPO round on Jun 28, 2019 for $*****. 1 investor participated in its latest round. Maroc Telecom has 1 institutional investor.
Here is the list of recent funding rounds of Maroc Telecom:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 28, 2019 | 7316165 | Post IPO | 9228344 | 8424466 | 1671525 | 3545705 |
Access funding benchmarks and valuations. Sign up today!View details of Maroc Telecom's funding rounds and investors
Maroc Telecom's founders and board of directors
Founder? Claim ProfileMaroc Telecom's employee count trend
Maroc Telecom has 6,701 employees as of May 26. Here is Maroc Telecom's employee count trend over the years:
Uncover Maroc Telecom's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Maroc Telecom's Competitors and alternates
Top competitors of Maroc Telecom include Verizon, AT&T and Vodafone. Here is the list of Top 10 competitors of Maroc Telecom, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Verizon 1983, New York City (United States), Public | Provider of wireless, internet, TV, and phone services | - | 82/100 | |
2nd | AT&T 1876, Dallas (United States), Public | Provider of wireless and internet services | - | 82/100 | |
3rd | Vodafone 1982, Newbury (United Kingdom), Public | Virtual card-linked wallet for consumer payments | - | 81/100 | |
4th |  MTN 1994, Fairland (South Africa), Public | Provider of mobile network services | $7.05M | 81/100 | |
5th | Telecom Italia 1994, Rome (Italy), Public | Integrated telecom service provider | - | 78/100 | |
6th | French Telecommunication major | - | 76/100 | ||
7th |  Comcast 1963, Philadelphia (United States), Public | Provider of phone, internet, and television services | - | 72/100 | |
8th | Telefonica 1924, Madrid (Spain), Public | Provider of mobile and fixed-line telephony services | - | 72/100 | |
9th | Provider of mobile communication services | - | 66/100 | ||
10th | Maroc Telecom 1998, Rabat (Morocco), Acquired | Telecommunications service provider in Morocco | - | 66/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Maroc Telecom's competitors? Click here to see the top ones
Maroc Telecom's Investments and acquisitions
Maroc Telecom has made 1 investment in Onatel and acquired Tigo and Moov Togo.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 14, 2019 | Acquisition | 1999 | Leudelange (Luxembourg) | |
Apr 2018 | Investments | 1994 | Ouagadougou (Burkina Faso) | |
Jan 27, 2015 | Acquisition | 2014 | Lome (Togo) |
_1557470447030.png?devicePixelRatio=2&height=20&width=20){kind=logo}
Want to know more about where corporates are investing? Sign up today!Reports related to Maroc Telecom
Here is the latest report on Maroc Telecom's sector:
News related to Maroc Telecom
Filter this listMedia has covered Maroc Telecom for a total of 2 events in the last 1 year.
•
Maroc Telecom Raises 3 Billion Dirhams in First Private Bond IssuanceMeatechwatch•Oct 22, 2025•Maroc Telecom
•
Janngo Capital invests in Moroccan AI recruitment startup JobzynInnovation-village•Sep 12, 2025•TGCC, Deloitte, Intelcia, Janngo and 7 others
•
•
•
Vodafone, Maroc Telecom Partner to Connect Moroccan BusinessesiTWire•Apr 28, 2025•Vodafone, Maroc Telecom
•
Vodafone and Maroc Telecom Partner for Digital Services in MoroccoMobileWorldLive•Apr 24, 2025•Vodafone, Maroc Telecom
•
•
•
•
Maroc Telecom invested $326.1 million in its network in the first half of the yearEcofin Agency•Aug 07, 2024•Maroc Telecom
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Maroc Telecom
Explore our recently published companies
- Wisdom Square Technologies - New Hyde Park based, 2008 founded, Unfunded company
- Fruverpack - Almoradi based, 1992 founded, Unfunded company
- AERA - Bouxwiller based, 1979 founded, Unfunded company
- Divine Hindu - Ujjain based, 2023 founded, Unfunded company
- Globaldigitalpartner.com - 2013 founded, Unfunded company
- OROK - Bourgoin Jallieu based, 2018 founded, Deadpooled company
