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Maroc Telecom

Maroc Telecom
Public
Traded as EuronextIAM
Industry Telecommunications
Founded Owned by Etisalat (53.09%) (2013)
Headquarters Rabat, Morocco
Key people
Abdeslam Ahizoune, Chairman & CEO
Laurent MAIROT, CFO
Products Land line phones, Mobile phone lines, Internet access, 4G+
Revenue MAD 28,559 million (FY 2013)
6,5 Milliard MAD (FY 2015)
Number of employees
11,807 (2013)
Website http://www.maroctelecom.com

Maroc Telecom (Acronym: IAM, Arabic: اتصالات المغرب‎‎) is the main telecommunication company in Morocco.

IAM employs around 11,178 employees. It has 8 regional delegations with 220 offices present on all the territory of Morocco. The company is listed on both the and Euronext Paris.

The acronym IAM of Maroc Telecom comes from its original name Ittisalat Al Maghrib. The name "Maroc Telecom" was adopted later for better international recognizability.

The origin of a Moroccan telecommunication project dates back to 1891 when King Hassan I created the first postal service of Morocco. In 1913, the Moroccan Postal Telephone and Telegraph was established before a Dahir (King's decree) related to the monopole of the state of Telegraphy and Telephony was published.

In 1967 Morocco placed the first underwater cable between Tetouan, Morocco, and Perpignan, France, through the Mediterranean. A few years later, in 1970, a transmission via INTELSAT was introduced. The Telex service was then automated in 1971 just before installing a digital center in Fes.

Due to the advancement of Telecommunications around the globe, Morocco decided to create a new entity called the Office National des Postes et Télécommunications (ONPT) to manage the industry. ONPT was responsible of the introduction of Analog Mobile Radiotelephony in 1987. Later on, in 1992, Morocco set up the first underwater optical fiber cable. Two years later, a GSM service was operational.


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