Operating Partner & Strategic Advisor · TMT · EMEA & Africa

Let's Grow Together.

Strategy, Investment & Management

✓ 90+ missions across 15+ countries ✓ 20+ years TMT expertise
€2Bn+
Transaction Value
90+
Missions
15+
Countries
30+
Years Experience

The Economics of Alpha

We treat TMT Value Creation as an Economic Science. Our approach bridges three critical dimensions: Wiley Valuation methodologies, Public Policy frameworks, and Technical Reality.

With 30+ years of experience (1994-2025) across EMEA and Africa, we combine strategic advisory, operational execution, and regulatory expertise to unlock hidden value in telecommunications, digital infrastructure, and financial services. We deploy the McKinsey Valuation Framework, LRIC/LRAIC cost analysis, and Blue Ocean Strategy to redefine competition and create sustainable value.

Every engagement is built on rigorous economic analysis, deep sector knowledge, and hands-on delivery — bridging the gap between strategy consulting and investment banking.

€2Bn+

Transaction value across 90+ missions across TMT, fintech, and digital infrastructure

Avg Mission Value
€4.4M
Success Rate
98%
Repeat Clients
73%
Expert Days
4000+
30 Years Experience
90+ Missions
25+ Countries
100% TMT & Postal

Track Record: 14 Major Engagements

INWI — 3rd Operator License Morocco

Morocco €300-500M 2004-2009

Member of INWI launch team. Led license strategy, competitive positioning, and regulatory negotiations for Morocco's 3rd mobile operator. Foundational work enabling €800M-1Bn enterprise value creation.

INWI — Long-Term Advisory & Value Creation

Morocco €800M-1Bn 2005-2020

Sustained advisory partnership through operator maturity. Strategic guidance on enterprise segment positioning, operational excellence, and value capture. De facto advisor to C-suite across growth phases.

Intelcia — VDD & M&A Strategy

Multi-country €200-300M 2013

Comprehensive vendor due diligence and acquisition strategy for BPO platform. Financial modeling, operational assessment, synergy identification across 5 markets.

Level 4 Networks — FiberCo Tunisia

Tunisia €30-50M 2018-2019 D-CEO Role

Interim Deputy CEO (DGA) for fiber operator launch. Business plan development, financial modeling, network rollout strategy, and operational infrastructure establishment for market entry.

GE Capital / 3i — DSL Operator Buy-Side DD

EMEA €50-100M 2001

Comprehensive due diligence for broadband operator acquisition. Technical assessment, revenue modeling, regulatory pathway analysis for private equity investor.

Galileo Partners — Belarus Operator Buy-Side DD

Eastern Europe €30-50M 2002

Buy-side due diligence for operator investment. Commercial assessment, competitive dynamics, regulatory risk evaluation for growth market entry.

SNCF-TD / Cegetel — Fiber Valuation

France €50-100M 1996

Strategic fiber asset valuation. DCF modeling, competitive benchmarking, and infrastructure valuation framework for telecommunications infrastructure stake.

ONA Maroc — Telecom Entry Feasibility

Morocco €100-200M 2003

Strategic feasibility study for telecom sector entry. Market analysis, competitive landscape assessment, licensing pathway evaluation for major conglomerate.

WANA — International Hubbing Due Diligence

MENA €10-20M 2005

Due diligence for international hubbing infrastructure. Technical and commercial assessment for regional telecommunications hub expansion.

BUTEC/ENGIE Morocco — PMI & Interim CFO

Morocco 1,500 Employees 2023-2024 CFO

Interim CFO for utility company restructuring. Led financial transformation, cost optimization, operational reengineering, and stakeholder management during PMI phase.

SADV/OCP — VSAT & 3RP Studies

Morocco Multiple Studies 2015-2022

Multi-year regulatory and infrastructure studies for mining operator. Satellite (VSAT) licensing assessment, 3G/4G/5G roadmap development, spectrum allocation strategy.

Tunisie Telecom — Tower Valuation & Advisory

Tunisia Strategic Asset 2021

Comprehensive tower asset valuation and monetization strategy. Assessed towerco carve-out feasibility, build-to-suit options, and financial structuring alternatives.

ARTCI Ivory Coast — Long-Term Regulatory Advisory

Ivory Coast Sustained Partnership 2015-2024

Decade-long partnership with telecom regulator. Strategic guidance on spectrum policy, licensing framework, competitive dynamics across mobile, fiber, and satellite sectors.

World Bank Tunisia — Digital Infrastructure Advisory

Tunisia Development Finance 2017-2018

Strategic advisory for development finance institution. Broadband expansion assessment, regulatory framework evaluation, financing models for rural connectivity.

International Presence

Engagements delivered across 4 continents

Europe (missions)

France, Switzerland, Belgium, Luxembourg

ARCEP, CDC — project-based
North Africa

Morocco, Tunisia, Algeria

inwi, OCP, ANRT, LEVEL4
Sub-Saharan Africa

Ivory Coast, Chad, Rwanda, DRC

Ignite Power, World Bank
Middle East

UAE, Saudi Arabia

Confidential mandates

What Our Clients Say

"EXXING brought exceptional analytical rigor to our transformation project. Their deep knowledge of the TMT sector and structured methodology were decisive."

Chief Executive Officer

Telecom Operator, North Africa

"The quality of deliverables and depth of economic analysis enabled us to make informed strategic decisions in a context of major transformation."

VP Strategy & M&A

Industrial Group, EMEA

"A first-class strategic partner. EXXING's expertise in infrastructure valuation and telecom regulation is unmatched in the EMEA region."

Partner

Tier-1 Advisory Firm

Our Sectors

Telecommunications

Fiber, 5G, Mobile & Fixed networks. Strategy, infrastructure, and operator excellence.

Information Technology

IT Strategy, Cloud services, Cybersecurity. Digital transformation and infrastructure.

Digital Infrastructure & AI

Data Centers, Sovereign AI, Large Language Models. Emerging tech opportunities.

BPO / ITO / KPO

Business, IT, Knowledge Process Outsourcing. Operational excellence and scaling.

Smart City & Urban Digital

IoT platforms, e-Governance, Smart mobility. Connected urban ecosystems.

Financial Services & Fintech

Mobile Money, Digital Banking, M&A. Innovation in financial technology.

Client Testimonials

"EXXING transformed our strategic roadmap from concept to execution. Their ability to combine economic rigor with operational reality is rare and invaluable."

CEO, Leading Telecom Operator
Morocco

"From licensing strategy to operational execution, EXXING guided every step of our market entry. They understood both the finance and the ground realities."

Managing Director, Private Equity Fund
Europe

"EXXING's hands-on operational approach and sector depth made them an extension of our team. Results delivered, relationships built, and trust earned."

Investment Director, Development Bank
Africa

Latest Insights & Articles

Strategy

The Rise of African Digital Operators

A new breed of African telecom operators is reshaping the continent's digital landscape. We analyze the strategy, economics, and investment thesis behind this transformational shift.

Read Article →
M&A

De-risking Cross-Border Telecom M&A

Cross-border telecom M&A in emerging markets carries unique regulatory, operational, and valuation risks. Learn the frameworks and playbooks that de-risk these complex transactions.

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Digital Infrastructure

Sovereign AI as Economic Policy

Governments are weaponizing AI investment as strategic policy. We explore the policy incentives, investment dynamics, and implications for TMT infrastructure and digital economy.

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Global Presence

EXXING is headquartered in Casablanca, Morocco, with an active mission network across 17+ countries spanning Africa, Middle East, and Europe.

Maghreb

Morocco, Algeria, Tunisia, Libya. Deep operator and regulator relationships.

West Africa

Senegal, Ivory Coast, Ghana, Nigeria. Growth market expertise.

Central & East Africa

Kenya, Ethiopia, Tanzania, Uganda. Infrastructure and fintech opportunities.

Middle East

UAE, Saudi Arabia, Egypt. Digital transformation leaders.

Europe

France, UK, Germany. Bridge to global markets and investors.

Your next mandate deserves a team that executes.

Let's discuss how EXXING can unlock value for your business.

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