Projects and Investments
In July 2006 Maroc Telecom signed with the French telecommunications equipment company Alcatel a contract for a submarine cable network connection between Morocco and France. Morocco Telecom's aim is to upgrade the capacity of its services (i.e.broadband services, call centers...). The project cost € 26 million and was named "Atlas Offshore".
In December 2006, IAM invested in Burkina Faso’s ONATEL acquiring 51% of its capital.
Read more about this topic: Maroc Telecom
Famous quotes containing the words projects and/or investments:
“One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.”
—Gertrude Stein (1874–1946)
“In youth, love and art. In age, investments and antiques.”
—Mason Cooley (b. 1927)