Wednesday, November 27

Morocco’s Three Telecoms Operators Win 4G Licences

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Reuters

Maroc Telecom Chairman Ahizoune gestures during the company's full-year results news conference in Rabat

Morocco’s three telecoms operators Maroc Telecom, Medi Telecom and Wana Corporate have won licences for 4G high-speed mobile data networks in an auction that raised 2 billion Moroccan dirham ($200 million), the Telecommunications Regulatory National Agency said on Wednesday.

Maroc Telecom won the most sought-after frequencies, paying 1 billion dirhams, while Wana Corporate and Medi Telecom paid 500 million dirham each, the agency said.

($1 = 10.0000 Moroccan dirham) (Reporting By Aziz El Yaakoubi; Editing by David Goodman)

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