More than sofa rabais MAD 8 billion were dedicated this year in rolling out networks and introducing the very latest technological innovations.
As of December-end 2017 Maroc Telecom Groups consolidated revenues(3) amounted to MAD 34,963 million, slightly decreasing.8 (-0.9 at constant exchange rates).
At 2017-end, Maroc Telecom Group earnings from operations before depreciation and amortization (ebitda) amounted to MAD 17,160 million,.5 from the previous year (1.5 at constant exchange rates).
The decline in incoming international traffic induced by the deregulation of IP telephony in November 2016 and the asymmetry of Mobile call termination rates since the first of March 2017 have weighed on Mobile revenues but are nevertheless partially offset by the increase in Fixed-Line.
Q1 2017 consolidated results Highlights:.7 increase in the Group customer base, to reach more than 54 million customers ;.4 growth in the Group's ebitda at constant exchange rate, due to the major efforts of costs optimization, allowing for an increase.6 points.At 2017-end, earnings from operations before depreciation and amortization (ebitda) amounted to MAD 6,357 million,.6 at constant exchange rates.The 2016 accounts included the proceeds of real estate asset with a capital gain of MAD 297 million (cash impact of MAD 317 million restructuring charges of MAD 255 million, and the payment of the first installment of the 3G license in Togo for MAD 33 million.Thank you Chart.05 EUR -0.35 News GlobeNewsWire Europe published a news.The actual results may be very different from the forward-looking statements, due to a number of risks and uncertainties, both known and unknown.Prior year.0.
2016, representing a total amount of MAD.7 billion and corresponding to 100 of the Net Profit.
2016 driven by the growth in customer base.
Cash flow from operations in Morocco was.7 to more than MAD 7 billion, thanks to continued efforts to optimize Working Capital Requirements (WCR).
Its high ability to control its costs and its profitable investment policy allow the Group to improve its margins particularly in the African subsidiaries.Ifrs in MAD million, change, change at constant exchange rates(1 revenues 35,252 34,963 -0.8 -0.9.To mark the publication of this press release, Abdeslam Ahizoune, Chairman of the Management Board, stated: "The growth of Maroc Telecom Groups results demonstrates its resilience as well as its agility to anticipate market developments.2016 and representing a yield.4.Over the fourth quarter of 2017 alone, revenues in Morocco grew.7.The year 2017 was marked by the end of the voluntary redundancy plan, which was launched in 2016 in Morocco and in subsidiaries.The Fixed-Line and Internet activities growth combined to the savings coming from the voluntary redundancy plan and efforts to optimize costs have increased the ebitda margin.0 points.8.(4) ebita corresponds to ebit before the amortization of intangible assets acquired through business combinations, write-downs of goodwill and other intangible assets acquired through business combinations, and other income and expenses relating to financial investment transactions and transactions with shareholders (except when recognized directly.Thank you Chart.05 EUR -0.35 News, globeNewsWire Europe published a news.