MTN Syria

Last updated
MTN Syria
ISIN SY0031100330
Industry Telecommunications
PredecessorInvestcom
Founded2007
Headquarters,
Area served
Syria
Products Mobile network operator, Internet services
Owner MTN Group, TeleInvest
Number of employees
1281 (October 2012)
Parent TeleInvest Ltd, subsidiary of Dallah Al-Baraka
Website Official website

MTN Syria is one of the two only mobile operators in Syria, the other being Syriatel. [1] MTN Syria was previously known as "Areeba". It offers GSM and 3.5G broadband 4G (LTE) services.

Contents

In 2020, MTN Group decided to sell the remaining of 75% of its share in MTN Syria to the Saudi-owned TeleInvest Ltd, which already owns 25% of the company. [2]

Statistics (October 2012)

Active subscribers5.978.660
Population coverage99.5%
Geographical coverage80%
Technologies 2G, 3G, 3.5G, LTE
Retail Base3735

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References

  1. "MTN Syria 2010 Profit Up 83% to $132 Million on Customer Rise". Bloomberg.com . 21 February 2011. Retrieved 4 June 2012.
  2. "UPDATE 3-South Africa's MTN to exit Middle East to focus on Africa". Reuters. 6 August 2020.