Type | Public (Euronext: IAM) |
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Industry | Telecommunications |
Founded | Owned by Vivendi (51%) (2005) |
Headquarters | Rabat, Morocco |
Key people | Abdeslam Ahizoune, Chairman & CEO Arnaud Castille, CFO |
Products | Land line phones, Mobile phone lines, Internet access |
Revenue | $4,997.8 million (FY 2008) |
Employees | 11,178 (2005) |
Parent | Vivendi |
Website | http://www.maroctelecom.com |
Maroc Telecom (Arabic: اتصالات المغرب; Itissalatt Al Maghreb; Acronym: IAM) is the main telecommunication company in Morocco.
IAM employs around 11,178 employees. It has 8 regional delegations with 220 offices present on all the territory of Morocco. IAM is controlled by Vivendi which has a 53% share of its capital.[1] The company is listed in both Casablanca Stock Exchange and Euronext Paris.
On June 1, 2006, IAM launched the IPTV package deployed by Huawei Technology via the ADSL line. The service was the first of its kind in Africa and the Middle East.
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The origin of IAM dates back to 1891 when King Hassan I created the first postal service of Morocco. In 1913, the Moroccan Postal Telephone and Telegraph was established before a Dahir (King's decree) related to the monopole of the state of Telegraphy and Telephony was published.
In 1967, Morocco placed the first underwater cable between Tetouan, Morocco and Perpignan, France through the Mediterranean. A few years later, in 1970, a transmission via INTELSAT was introduced. The Telex service was then automated in 1971 just before the installating of a digital center in Fes.
Due to the advancement of Telecommunications around the globe, Morocco decided to create a new entity called ONPT (Office National des Postes et Télécommunications) to manage the industry. ONPT was responsible of the introduction of Analog Mobile Radiotelephony in 1987. Later on, in 1992, Morocco set up the first underwater optical fiber cable. Two years later, a GSM service was operational.
The internet was introduced in Morocco by ONPT in 1995.
After the publication of a telecommunications' decree, Maroc Telecom (IAM) is founded in 1998.
IAM has three main activities:
It consists of the provision of public phones throughout Morocco. The fixed park reaches 1,34 million lines.
Mobile services are provided via a GSM network. Morocco Telecom counted 8,8 million customers at the end of December 2005. Its network covers 97% of the Moroccan population.
IAM provides over more than 9,700 kilometres of optical fiber cables. The park is around 320.000 lines. The service is commercialized under the Menara brand.
In July 2006 Maroc Telecom signed with the French telecommunications equipment company Alcatel a contract for a submarine cable network connection between Morocco and France. Morocco Telecom's aim is to upgrade the capacity of its services (i.e.broadband services, call centers...). The project cost € 26 million and was named "Atlas Offshore".[2]
In December 2006, IAM invested in Burkina Faso’s ONATEL acquiring 51% of its capital.[3]
This is one of the biggest companies in Morocco, it is a company privatized, but it already brings a best economy, comunication and other things. This company brings more than eleven thousand employees giving to the people another option to work.
Moroccan telecommunications companies | |||
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Maroc Telecom | Méditel | Inwi |
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