May 31, 2019 / 6:37 PM / 3 months ago

Moroccan government to sell up to 8% of Maroc Telecom

RABAT, May 31 (Reuters) - Maroc Telecom, Morocco’s largest telecom operator, said on Friday that the government would sell up to 8% of its stake in the company.

Maroc Telecom, listed on both the Casablanca Stock Exchange and Euronext Paris, is 53% owned by United Arab Emirates company Etisalat, with the Moroccan state owning 30%. (Reporting by Ahmed Eljechtimi. Editing by Jane Merriman)

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