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Key projects and goals
The collaboration includes the creation of FiberCo, tasked with expanding fiber optic networks to 1 million connections within two years and 3 million within five years. Additionally, TowerCo will oversee the construction of 2,000 new towers in three years and 6,000 in ten years to support 5G rollout.
Project investment and approval
The first phase of the project, valued at AED 4.4 billion over three years, is awaiting approval by Morocco's National Telecommunications Regulatory Agency (ANRT).
Impact on market and investment
Jassem Alzaabi, Chairman of e&, emphasized that the partnership marks a significant step toward market stability and strengthens Morocco’s attractiveness for investment. The collaboration supports Morocco’s efforts to foster a competitive regulatory environment.
Commitment to digital growth and innovation
Engineer Hatem Dowidar, CEO of e&, expressed the group's commitment to advancing fiber and 5G infrastructure, enhancing digital services, and supporting Morocco’s digital transformation. The partnership reflects a broader vision to improve user experience, drive technological innovation, and support sustainable development.
Conclusion
The joint venture is aligned with Morocco's digital transformation goals and will help deliver high-speed communication services, reinforcing the nation's competitive edge in the region.