Friday, May 22, 2009

Morocco: Maroc Telecom (IAM) will spend MAD 10 billion on infrastructure

[Reuters] Maroc Telecom, Morocco's main telecoms operator, which is majority-owned by French media group Vivendi (VIV.PA), unveiled a 10.5 billion Moroccan dirham ($1.3 billion) investment programme late on Thursday.

Maroc Telecom said it had signed the investment programme with the country's government and had undertaken to improve communications infrastructure throughout the country.

Maroc Telecom unveils $1.3 bln investment plan

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