Maroc Telecom revenues rises 4.3% (Morocco)

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www.WirelessFederation.com/news: Consolidated revenues of MAD7.437 billion (USD858 million) has been reported by Moroccan telecoms group Maroc Telecom in the first quarter of 2010, reflecting an increase of 4.3% compared to the same period in 2009. The total customer base of the group stood at 22.4 million, up by 14% year-on-year, across divisions in Morocco, Mauritania (Mauritel), Burkina Faso (Onatel), Gabon …

EditorMaroc Telecom revenues rises 4.3% (Morocco)

Indian telco Bharti Airtel’s latest ventures improves its world ranking

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www.WirelessFederation.com/news: In the latest global rankings, Bharti Airtel which was ranked eighth in last year’s ranking will overtake Norway’s Telenor Group, Deutsche Telekom and China Unicom to become the world’s fifth largest mobile operator group with just under 170 million global connections. The rankings are based on fourth-quarter 2009 connections data and are calculated on a performance basis to demonstrate …

EditorIndian telco Bharti Airtel’s latest ventures improves its world ranking

Maroc Telecom launches mobile service Mobi Cash (Morocco)

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www.WirelessFederation.com/news: Launch of mobile service Mobi Cash has been announced by the major wireless and fixed line telecom operator in Morocco, Maroc Telecom, in partnership with Comviva which provides mobile solutions beyond VAS. Comviva’s mobiquit mCommerce solution will be used by the Moroccan operator enabling mobile operators and financial institutions to offer secured and cost-effective mobile banking, mobile wallet and …

EditorMaroc Telecom launches mobile service Mobi Cash (Morocco)

Bharti & Zain sign definitive agreement for Zain’s African assets

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www.WirelessFederation.com/news: Zain and Bharti Airtel have announced the signing of the definitive agreements for the sale of 100% of Zain Africa for an enterprise value of US$10.7 billion. Zain’s African business in Morocco and Sudan is not included in the deal. US$9 billion has been identified as the equity value of the transaction to be fully satisfied in cash. Out …

EditorBharti & Zain sign definitive agreement for Zain’s African assets

Bharti Airtel & Zain to sign Africa deal on Tuesday

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www.WirelessFederation.com/news: The much talked about $10.7 bn deal between Kuwait’s Zain telecom and India’s top mobile firm Bharti Airtel, which has been making the rounds of the telecom world is expected to be signed on Tuesday at the headquarters of Zain Africa. African market was penetrated by Zain in 2005 by the acquisition of the operations of the Dutch Celtel …

EditorBharti Airtel & Zain to sign Africa deal on Tuesday

Maroc Telecom’s revenue rises 2.8%, net income falls 1% (Morocco)

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www.WirelessFederation.com/news: 1% year-on-year fall in 2009 net income has been posted by Moroccan full-service telco Maroc Telecom MAD9.43 billion (USD1.15 billion) on consolidated revenues that climbed by 2.8% to MAD30.34 billion. Group EBITDA for the year rose by 2.9% to MAD18.15 billion. Net revenues of MAD25.76 billion in 2009 have been generated from the operations in Morocco 0.1% versus 2008. …

EditorMaroc Telecom’s revenue rises 2.8%, net income falls 1% (Morocco)

Wana launches 3rd mobile operator in Morocco

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www.WirelessFederation.com/news: A new GSM mobile service, Inwi has been launched by Moroccan operator Wana. The third mobile operator in Morocco will cover three-quarters of the population. The GSM license was awarded to Wana in early 2009. Prepaid offering with per-second billing as well as four postpaid plans with free on-net calls are included in the service along with a range …

EditorWana launches 3rd mobile operator in Morocco

Etisalat eyes expansion across six markets

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www.WirelessFederation.com/news: Six countries across the Middle East and North Africa are currently in the eyes of UAE-based telecoms operator Emirates Telecommunication Corporation (Etisalat). Iraq, Libya, Lebanon, Oman, Syria and Morocco have been targeted by the company as markets with low penetration levels in which the UAE firm could acquire either a license or a telecoms operator. According to the telco’s …

EditorEtisalat eyes expansion across six markets

Indian telco Bharti & Zain to sign Letter of intent

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www.WirelessFederation.com/news: A letter of intent (LoI) will be signed between Bharti Airtel and Zain for the proposed USD 10.7-billion deal for the African assets of the Kuwait-based firm by the end of this week. An exclusive talk is carried out between the two companies till March 25 for the proposed deal as per which Bharti would buy Zain’s African assets …

EditorIndian telco Bharti & Zain to sign Letter of intent

Zain not to sell stake in Morocco’s telecoms venture

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www.WirelessFederation.com/news: The 31% stake in Zain’s Morocco’s telecoms venture Wana, will be kept by the company which it bought for $324 million last March. The purchase was made less than a month after Wana won the concession to operate the North African country’s third wireless phone network. Wana will launch its mobile phone operation next Tuesday under the trade name …

EditorZain not to sell stake in Morocco’s telecoms venture