Moov Togo gained more than 500,000 active users last year

Telecom
Tuesday, 19 February 2019 17:45
Moov Togo gained more than 500,000 active users last year

(Togo First) - At Q4 2018, Moov Togo had more than 3.4 million active users.

According to Maroc Telecom, the parent company of the operator, which disclosed the figure last Monday in its annual financial report, this represents a 15.7% increase of its pool of active users. In effect, Moov Togo won more than 500,000 subscribers over the year that just ended.

While Maroc Telecom did not provide details about its African subsidiaries, it indicated that globally, its growth was driven by data, despite new taxes imposed in some countries where it operates.

Back to Togo, in 2018, the Moroccan group acquired in the country for Moov a 4G licence and renewed 2G and 3G licenses. 

Maroc Telecom ended the 2018 financial year with a turnover of more than CFA2,190 billion, up by 3.1% compared to 2017. The surge was spurred by a significant increase of customer base, to 61 million users (+6.5%). Operational result and net result also rose by 4.1% and 5.3%, respectively. 

Subsidiaries of Maroc Telecom include Mauritel, Onatel, Gabon Télécom, Sotelma and Casanet, and new African subsidiaries in Côte d’Ivoire, Benin, Togo, Niger and Central Africa, acquired since Jan 26, 2015. 

Let it be noted that active users include prepaid customers, who have made or received a call (excluding those from the concerned ERPT or Customer Care Centres), sent an SMS/MMS or used data services (excluding exchanges with the concerned ERPT network), in the past three months ; as well as post-paid customers that were not cancelled.  

Fiacre E. Kakpo

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