Moroccan government to sell up to 8pc of Maroc Telecom

RABAT: 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%.