Morocco sells the fifth generation licenses for obligations to invest $ 8.8 billion

Morocco has granted licenses to utilize the fifth generation networks of the three communications operating in the country in the country for $ 2.1 billion Dirhams ($ 233 million), and the service is expected to be published by the end of this year. The companies of “Etisalat Morocco”, “Medi Telecom” and “Wani” followed to invest $ 80 billion Dirhams ($ 8.8 billion) to develop the infrastructure for the fifth generation to 2035, according to two separate statements to the government and government agency to legalize transport on Friday. The government agency said that the “Etisalat Marocco” enterprise was granted for 900 million dirhams with the highest frequency of approximately 120 MHz, while two licenses were sold to ‘Medi Telecom’, the owner of the French ‘Orange’ brand and the company ‘I and’ the owner of the Moroccan ‘enoye and 70 MHz and 70 MHz Companies have committed to providing telecommunications services from the fifth generation from the end of this year, to cover 45% of the population next year, to rise to 85% by the end of the contract, which coincides with the country’s presentation of the 2030 World Cup in partnership with Spain and Portugal. Morocco promised Fifa to provide this service within the candidacy file. The number of subscribers in the cellphone sector in Morocco is approximately 57 million subscribers, while the number of subscribers in the Internet service is estimated at about 40 million, according to the number of the government agency. The three telecommunications companies share the market with almost equal stocks.