Maroc Telecom coughs up MAD 6.4 billion to Wana Corporate

04 October 2024

Maroc Telecom has agreed to pay MAD 6.4 billion to rival Wana Corporate (operating under the Inwi brand) following a prolonged legal battle over unfair competition practices that have deeply impacted the country’s telecom sector.

Initially, Maroc Telecom planned to challenge the ruling in the Court of Cassation, however, the company has now opted to settle the fine, marking a significant turn of events in this high-profile dispute. The decision to move forward with the payment suggests a strategic pivot for Maroc Telecom, prioritizing stability and potentially closing one of the country’s most notable corporate legal battles.

This unprecedented fine — accounting for 17% of Maroc Telecom’s 2023 revenue — sets a record in Morocco’s telecommunications history. The ruling signals a broader shift toward stricter enforcement of fair competition laws in the country, a move that could reshape Morocco’s telecommunications landscape moving forward.