Company Itissalat Al-Maghrib (IAM) S.A.

Equities

IAM

MA0000011488

Integrated Telecommunications Services

End-of-day quote Casablanca S.E. 07:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
100 MAD -0.79% Intraday chart for Itissalat Al-Maghrib (IAM) S.A. -1.62% 0.00%

Business Summary

Maroc Telecom is Morocco's No. 1 telecommunications operator. Net sales (including intra-group) break down by activity as follows:

- mobile telephony (58.4%): 19.5 million customers in Morocco at the end of 2020, distributed between customers with prepaid cards (17.2 million) and with post-paid subscriptions (2.3 million). At the end of 2020, the group owned 13,000 base stations;

- fixed telephony and Internet (41.6%): fixed telephony services (2 million lines installed in Morocco as of the end of 2020), interconnection services, data transmission, and Internet access (1,738,000 subscribers). At the end of 2020, the network had a total of 45,000 km of urban fiber optic and intercity fiber optic cables.

Products and services are marketed through a network of 4,400 owned agencies, more than 75,000 group-approved points of sale (tobacconists, local shops, etc.) and independent distribution channels.

Morocco accounts for 56.8% of net sales (including intra-group).

Number of employees: 9,811

Sales per Business

MAD in Million2022Weight2023Weight Delta
Telecommunication Goods and Services
100.0 %
35,731 100.0 % 36,786 100.0 % +2.95%

Sales per region

MAD in Million2022Weight2023Weight Delta
Morocco
53.1 %
19,546 54.7 % 19,543 53.1 % -0.02%
International
50.0 %
17,242 48.3 % 18,381 50.0 % +6.61%
Eliminations
-3.1 %
-1,057 -3.0 % -1,138 -3.1 % +7.66%

Managers

Managers TitleAgeSince
Chief Executive Officer 68 98-02-02
Director of Finance/CFO - -
Director/Board Member - -
Corporate Officer/Principal - 19-02-14
Corporate Officer/Principal - 02-04-30
General Counsel - 14-12-04
Corporate Officer/Principal 61 14-12-04

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 21-10-24
Director/Board Member - 21-04-21
Director/Board Member 53 16-07-21
Director/Board Member - -
Director/Board Member 64 23-02-19
Chairman - 21-10-24
Director/Board Member - 17-07-20
Director/Board Member - -
- -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 879,095,340 168,014,337 ( 19.11 %) 297,210 ( 0.0338 %) 19.11 %

Shareholders

NameEquities%Valuation
Government of United Arab Emirates
53.00 %
465,940,477 53.00 % 4 807 M MAD
Government of Morocco
22.00 %
193,400,975 22.00 % 1 995 M MAD
Crédit Mutuel Asset Management SA
0.0334 %
294,000 0.0334 % 3 M MAD
Sanlam Investment Management (Pty) Ltd.
0.0290 %
255,046 0.0290 % 3 M MAD
Ignis Investment Services Ltd.
0.0235 %
206,436 0.0235 % 2 M MAD
Delta Lloyd Asset Management NV
0.0147 %
129,421 0.0147 % 1 M MAD
Eurizon Capital SA
0.0141 %
123,972 0.0141 % 1 M MAD
JPMorgan Asset Management (Korea) Co. Ltd.
0.0139 %
121,921 0.0139 % 1 M MAD
Lægernes Pensionskasse
0.0116 %
102,340 0.0116 % 1 M MAD
ACA Asset Management Company & Associés SASU
0.0114 %
100,000 0.0114 % 1 M MAD

Company contact information

Maroc Telecom SA

Annakhil Avenue Hay Riad

10000, Rabat

+212 537 71 90 00

http://www.iam.ma
address Itissalat Al-Maghrib (IAM) S.A.(IAM)