Press Release from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company ‘Intelcia Holding SARL’ of the companies ‘Intelcia Group SA’, ‘Intelcia Portugal Inshore SA’, ‘Coriolis Services SAS’, ‘Intelcia Madagascar SA’, ‘Intelcia (Maurice) Ltée’, ‘Metos SUARL’, ‘T3C SUARL’ and ‘Sotem SUARL’

In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 adopted for its implementation, as amended and supplemented, the Competition Council makes available to the public the ‘summary of the transaction’ below, containing the information provided by the parties.

This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed transaction.

The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.

Names of the companies and groups concerned:

• The acquirer: ‘Intelcia Holding SARL’;
• The targets: the companies ‘Intelcia Group SA’, ‘Intelcia Portugal Inshore SA’, ‘Coriolis Services SAS’, ‘Intelcia Madagascar SA’, ‘Intelcia (Maurice) Ltée’, ‘Metos SUARL’, ‘T3C SUARL’ and ‘Sotem SUARL’.

Nature of the transaction:

• Exclusive takeover.

Economic sectors concerned:

• Outsourced call center markets.

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this press release, i.e. December 15, 2025.

NON-CONFIDENTIAL SUMMARY OF THE TRANSACTION PROVIDED BY THE PARTIES

The Competition Council has received notification of an economic concentration transaction concerning the exclusive takeover by the company ‘Intelcia Holding SARL’ of the companies ‘Intelcia Group SA’, ‘Intelcia Portugal Inshore SA’, ‘Coriolis Services SAS’, ‘Intelcia Madagascar SA’, ‘Intelcia (Maurice) Ltée’, ‘Metos SUARL’, ‘T3C SUARL’ and ‘Sotem SUARL’, through the acquisition of 100% of the social capital and voting rights of the targets, held by the Altice group.

‘Intelcia Holding SARL’ is a limited liability company established in Luxembourg, with registration number B238729, and domiciled at Avenue de la Liberté 45, L-1931 Luxembourg. ‘Intelcia Holding SARL’ is a holding company with no operational activity, whose sole purpose is to hold interests.

The targets are companies specialized in outsourcing and active in the outsourced call center sector. They operate in 16 countries in Africa (including Morocco), Europe, Latin America & the Caribbean, the United States, and the Indian Ocean.

 

Done in Rabat on December 3, 2025