Page "Telecommunications in Morocco" Paragraph 2

Meditel and MT operated a duopoly until 2008, when the state regulator Agence Nationale de Réglementation des Télécommunications waved in Wana, owned by Morocco's Omnium Nord Africain.

Though holding a tiny share ( 2. 6 %) of the voice market, this new player has captured a majority of the 3G market ( 69. 11 %).

Total subscribers for this new technology increased 527 % in 2008.

Earlier this year, Wana sold a 31 % stake for € 228m to the partnership of two Kuwaiti companies, mobile operator Zain and Al Ajial Investment Fund Holding, to help finance the roll out of its 15-year 2G GSM network at the end of 2009.