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UPDATE 1-Maroc Telecom 2006 sales up 10.1 pct

Mon Jan 22, 2007 2:35am EST
 
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PARIS, Jan 22 (Reuters) - Moroccan telecoms operator Maroc Telecom (IAM.PA: Quote, Profile, Research, Stock Buzz) on Monday posted a 10.1 percent rise in 2006 sales, driven notably by strong growth in its mobile operations.

The company, which is controlled by media and telecoms group Vivendi (VIV.PA: Quote, Profile, Research, Stock Buzz), said revenues in the year reached 22.62 billion Moroccan dirhams, up from 20.54 billion the year before.

Gross revenue growth from fixed-line and Internet was 5.6 percent while growth from mobile operations was 15 percent.

The mobile customer base reached nearly 10.71 million customers in 2006, an increase of 30 percent.

Fourth-quarter revenues rose 5.1 percent to 5.53 billion dirhams as growth was limited by a one-off 109 million dirhams reassessment of inactivated prepaid cards at Maroc Telecom dealers. Excluding this item, revenues rose 7.2 percent in the quarter.

((Writing by Dominique Vidalon, editing by David Holmes; Reuters Messaging: rm://dominique.vidalon.reuters.com@reuters.net; email: dominique.vidalon@reuters.com; Telephone: +33 1 49495432)) Keywords: MAROCTEL SALES/

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