The profit amounted to 4.79 billion dirhams ($506 million) posted on the back of a growth in activity in Morocco where revenue was up 5.1 percent, the company said in a statement.
Total revenue in Morocco and subsidiaries in Africa grew 4.3 percent to 27.137 billion dirhams ($ 2.868 billion), while the EBITDA margin rose 4 percent to 49.7 percent.
The company said its customer base rose 8.1 percent to 61 million citing a growth in demand for its mobile broadband and landlines.
The group operates subsidiaries in Benin, Burkina Faso, Ivory Coast<\/a>, Gabon, Mali, Mauritania, Niger, Togo<\/a> and the Central African Republic<\/a>.
Maroc Telecom, listed on both the Casablanca Stock Exchange and Euronext Paris, is 53 percent controlled by the UAE's Etisalat, with the Moroccan state owning 30 percent.
<\/body>","next_sibling":[{"msid":66313830,"title":"Google Assistant to answer queries of Airtel users on balance, billing, offers","entity_type":"ARTICLE","link":"\/news\/google-assistant-to-answer-queries-of-airtel-users-on-balance-billing-offers\/66313830","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":66316577,"entity_type":"ARTICLE","title":"Maroc Telecom reports 7% rise in third-quarter profit","synopsis":"Maroc Telecom, Morocco's largest telecoms operator, on Monday reported a 7 percent rise in unadjusted third-quarter profit","titleseo":"telecomnews\/maroc-telecom-reports-7-rise-in-third-quarter-profit","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"REUTERS","artdate":"2018-10-22 16:41:54","lastupd":"2018-10-22 16:41:54","breadcrumbTags":["Ivory Coast","Togo","Central African Republic","Maroc Telecom","Industry","international"],"secinfo":{"seolocation":"telecomnews\/maroc-telecom-reports-7-rise-in-third-quarter-profit"}}" data-news_link="//www.iser-br.com/news/maroc-telecom-reports-7-rise-in-third-quarter-profit/66316577">