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Moroccan operator Inwi (Wana) had 5 million mobile customers in February, one year after launch.

Moroccan operator Inwi (Wana) had 5 million mobile customers in February, one year after launch. The company reported that it had a 13.5 percent mobile market share at the end of December.

Inwi also strengthened its position in 3G internet access (40.68% market share) and fixed telephony (66.72%). Company CEO Frederic Debord is confident the operator is viable and making the right strategic choices. Revenues rose by 38 percent to MAD 3.76 billion, thanks to the launch of mobile, to capture about 12.5 percent of Morocco's telecom revenues, up from 8 percent in 2009. Inwi recorded a MAD 451.7 million EBITDA (12% of revenues) in 2010, versus a MAD 327 million negative EBITDA a year earlier. The operator has invested over MAD 11 billion to date and has budgeted for another MAD 1.1 billion for 2011.

 

Inwi is the first operator to have applied a flat rate for calls to all networks on prepaid and to have introduced unlimited call plans for postpaid customers. It also targets business clients, offering unmetered mobile fleet calls. Wana Corporate, formely ISP Wanadoo Morocco, launched the Inwi brand in February 2010.

Source: TELECOMPAPER