Maroc Telecom announces MAD 10.5bn investment plan
Maroc Telecom has announced a new investment programme worth MAD 10.5bn (US$ 1.3bn) for the period 2009-2011, which it has agreed with the Moroccan government and will use to extend and modernise the country's telecommunications infrastructure and focus on three key aims.
The first aim will be to enhance the capacity of its fixed-line and mobile infrastructure, with the aim of ensuring service quality and implementing service convergence between fixed and mobile networks in order to deliver unlimited telephony, IPTV and broadband access.
The second aim is to increase its international connection capabilities via the Atlas Offshore submarine cable between Morocco and Europe, along with the construction of a fibre optic line between the Moroccan city of Laayoune and the city of Nouakchott, capital of Mauritania, serving several Moroccan provinces along the way, including Boujdour, Dakhla and Aousserd.
The third objective is related to investments intended to improve the coverage of rural and mountainous regions, involving the connection of a further 7,300 rural areas to the telecoms network by the year 2011.
Maroc Telecom has previously invested more than MAD 20bn in the years 2003-2008.