The National Agency for Telecommunications Regulation (ANRT) validated, by its decision n ° 08/2025, the creation of 2 joint ventures by Morocco Telecom (IAM) and Inwi, called “Fiberco” and “Towerco“. This double operation aims to pool investments in passive infrastructure, while guaranteeing the preservation of fair competition in the markets concerned.
Fiberco will have a capital of 3 billion dirhams and will be responsible for deploying new FTTH infrastructure throughout the national territory. Its objective is to offer passive access to fiber optic networks, allowing third -party operators to deploy their own active equipment under neutral and non -discriminatory conditions.
Towerco, capitalized up to 1.4 billion dirhams, will be responsible for developing, managing and maintaining radio equipment accommodation (towers, pylons), while ensuring their accessibility to all telecommunications operators. It may also reconstruct or replace existing structures, respecting the principles of objectivity, proportionality and non-discrimination.
The ANRT has specified that these two common companies will operate as autonomous economic entities, endowed with their own human, technical and financial resources, and subject to functional separation mechanisms with their parent houses. Thus, the governance of Fiberco and Towerco must guarantee that neither IAM nor Wana will benefit from preferential treatment. These entities will not be able to send the retail market directly, in order to avoid any risk of locking or obstacle to competition.
As part of the procedure, the ANRT has analyzed any competitive concerns, in particular the risks of exchange of sensitive information, tariff coordination or restriction of access to infrastructure. As such, several commitments have been required from notifying notifying parts, including:
- transparency of the conditions of access to infrastructure;
- the obligation to publish reference offers previously approved by the ANRT;
- traceability of information and financial flows;
- the non-priity granted to parent houses to the detriment of competing operators;
- The strict autonomy of the information systems of each joint company.
The ANRT has also taken into account the observations made by Orange Maroc, which underlined the need to preserve fair and non -discriminatory access, as well as control of competitive risks in the sharing of passive infrastructure.
From an economic point of view, the operation is perceived as an optimization and pooling lever for investments, likely to improve FTTH coverage and the availability of radio sites throughout the territory. By strengthening reception and deployment capacities, Fiberco and Towerco should stimulate competition in wholesale markets, without altering the operators’ freedom of investment, which retain the right to deploy their own networks.
Finally, the ANRT said that it will ensure reinforced monitoring during the first years of activity of these common companies, in order to prevent any risk of abuse of dominant position or discrimination.
