Maroc Telecom, Inwi Invest $460 Million in 5G Network Across Morocco

Moroccan telecom operators Maroc Telecom and Inwi have formed a strategic partnership to accelerate the rollout of fiber optic and 5G networks across the country, with an initial investment of 4.4 billion dirhams ($460 million) over three years. This collaboration involves creating two joint ventures, FiberCo and TowerCo, aimed at expanding fiber optic connections to 1 million within two years and 3 million within five years, alongside constructing 2,000 new towers for 5G within three years. The agreement also marks a resolution of a previous legal dispute between the companies, leading to a reduced compensation payment of 4.38 billion dirhams. This initiative is part of Morocco's broader digital transformation strategy, aiming to provide high-speed connectivity and enhance the telecom landscape. The project awaits approval from the National Telecommunications Regulatory Agency, with expectations that 5G will benefit 25% of the population by 2026 and 70% by 2030. The partnership is seen as a significant step towards positioning Morocco as a leader in telecommunications infrastructure in Africa.