The appeals commercial court of Casablanca ordered Maroc Telecom to pay 6.3 billion dirhams to its competitor Inwi, which brought the case accusing Morocco’s largest telecom operator of anti-competitive practices. In 2020, Maroc Telecom was found guilty of practicing anti-competitive practices since 2013, the regulator ANRT said, imposing a fine of 3.3 billion dirhams on the operator. Maroc Telecom was fined for refusing to share unbundling on its network with other competitors in order to maintain monopoly of fixed broadband. Maroc telecom posted a profit of 6.19 billion dirhams in 2023, but the new case sent its shares to uncharted territory. Maroc telecom is listed both on Casablanca and Euronext and operates in Morocco, Benin, Burkina Faso, the Central African Republic, Chad, Gabon, Côte d’Ivoire, Mali, Mauritania, Niger and Togo.

Source: The North Africa Journal July 04, 2024 17:18 UTC