Maroc Telecom raises $330 million through a private bond issuance, marking a pivotal step in its mission to expand 5G infrastructure across Morocco. Announced on June 24, 2025, this funding the company’s first private bond on the Moroccan market—secured MAD 3 billion (approximately $330 million) from institutional investors. The capital aims to refinance existing debt and fuel investments in 5G deployment, fiber optic networks, and innovative business solutions. Consequently, Maroc Telecom strengthens its position as a leader in Morocco’s telecom sector.
Funding Details: Maroc Telecom’s Strategic Move
Maroc Telecom structured the bond with a two-year maturity and a fixed rate of 2.37%. The company plans to allocate the funds to refinance debt and support critical projects like 5G rollout and fiber optic expansion. During the announcement, a Maroc Telecom spokesperson stated, “This operation reflects the confidence of institutional investors in Maroc Telecom’s strategy and its role in Morocco’s digital future”.Furthermore, this move aligns with Morocco’s national target to achieve 25% 5G coverage by the end of 2025.
Impact on Morocco’s Connectivity
The $330 million injection empowers Maroc Telecom to meet growing demand for high-speed internet. The company collaborates with Inwi to deploy 5G efficiently nationwide. At a press event, a Maroc Telecom executive remarked, “Our partnership with Inwi is key to ensuring Morocco stays competitive in the digital era” . Therefore, this funding enhances Maroc Telecom’s infrastructure and supports Morocco’s broader digital goals. Businesses and consumers will benefit from faster, more reliable services as a result.
Maroc Telecom’s $330 million raise signals a bold commitment to 5G innovation. This financial strategy not only bolsters the company’s capabilities but also paves the way for a more connected Morocco.
No Comments