Méditel

Headquarters	Morocco
Industry	Telecommunications
Products	Mobile phone lines
Website	[1]

Méditel (or Médi Télécom) is one of three licensed telecommunications operators in Morocco. Its headquarters is based in Casablanca.

Méditel obtained the second license of mobile telephony in Morocco in 1999. It began its commercial operations in March 29, 2000.

Contents 1 Ownership 2 Figures 3 Activities 4 References 5 External links

[edit] Ownership

The initial ownership structure was composed of five shareholders: Portugal Telecom (32.18%), Telefónica (32.18%), FinanceCom, the first Moroccan financial group (18.06%), the Moroccan industrial group HoldCo (CDG + Akwa Group (17.59%). However, in September 2009, Portugal Telecom and Telefónica sold their stakes to local investors.^[1]

[edit] Figures

By the end of 2008, Méditel counted approximately 7.8 million users with revenues over 5 Billion MAD (approx 450 Million Euros) and EBITDA of more than 2.3 Billion MAD. It is the second Moroccan mobile operator, following Maroc Telecom, the leader in the Moroccan market.

Meditel is a multi service operator offering consumer and business solutions using various technologies including GSM (900 MHz), WIMAX, GPRS and lately was one of the first operators in the world to offer HSUPA mobile 3G+ internet solutions. The company has been ranked the 12th largest company in Morocco and employs close to 1000 people directly and more than 12 000 indirectly.

[edit] Activities

In July 2005, Médi Telecom obtained a license of fixed telephony, the second license granted in Morocco after that of its rival Maroc Telecom. The offer was 75 million Moroccan dirhams.

[edit] References

[edit] External links

• Méditel website