Orange Morocco

Orange Maroc (or previously Médi Télécom or Méditel) is one of three licensed telecommunications operators in Morocco. Its headquarters is in Casablanca. The first contract of getting a license was in 1999, and the commercial launching of the operations started on March 29, 2000. The company's name was changed from Méditel to Orange Morocco on 8 December 2016.

Orange Maroc
Formerly
Méditel (1999–2016)
IndustryTelecommunications
Founded1999 
FounderTelefónica 
HeadquartersMorocco
ProductsMobile phone lines, 4G, Fiber-optic internet, ADSL
ParentOrange 
Websiteorange.ma
Director of Orange Maroc

Orange 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 HSDPA 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.

Its slogan is Vous rapprocher de l'essentiel.

History
Méditel in Hay Ryad

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 and Akwa Group (17.59%). The telecommunication provider sustained large parts of markets being a critical rival to the previous Monopole Maroc Telecom as it gained a competitive advantage in term of prices and customers loyalty, the signal cover however was still in poor progress compared to their rival, and 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. However, in September 2009, Portugal Telecom and Telefónica sold their stakes to local investors.[1] FinanceCom and CDG then own equal parts (50%). In 2010, France Télécom (now Orange S.A.) bought 40 percent of Moroccan telecoms operator Meditel for €640 million ($840 million).[2]

In 2015, Orange Group increased its stake in Meditel in order to boost the brand's presence in the Middle East and in Africa. In 2016, Orange Morocco established a MAD5.3 billion revenues.[3]

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gollark: The dictionary will probably define it recursively or in a somewhat unsatisfying way.
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References
  1. James Middleton (4 September 2009). "Telefonica, Portugal Telecom exit Morocco". Telecoms. Retrieved 25 January 2013.
  2. "France Telecom buys Meditel stake for 640 million euros". Reuters. 21 September 2010. Retrieved 6 August 2013.
  3. "Second Largest Telecom Operator Orange Maroc Publishes 2016 Results". Morocco World News. 11 April 2017. Retrieved 26 November 2017.
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