Maroc Telecom announced consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported revenue of AED 3.0 billion representing a year over year decline of 2% attributable to stringent regulatory environment in mobile segment in the domestic market. EBITDA was AED 1.5 billion. Capital expenditure declined by 32% year over year to AED 1.0 billion resulting in capital intensity ration of 34%. The increase is attributed to prior year 3G license renewal in Niger as well as 50% fees towards acquisition of universal license in Ivory Coast. For the year, the company reported revenue of AED 12.6 billion, a year over year growth of 3% in local currency. EBITDA was AED 6.3 billion. Capital expenditure declined by 10% to AED 3.0 billion resulting in capital intensity ration of 24%.