MTN Syria
| ISIN | SY0031100330 |
|---|---|
| Industry | Telecommunications |
| Predecessor | Investcom |
| Founded | June 29, 2002 |
| Headquarters | , |
Area served | Syria |
Key people | Mohammed Hamdoun |
| Products | Mobile network operator, Internet services |
| Services | Telecommunications & Data |
| Revenue | 362,575,590,450 Syrian pound (2022) |
| 47,064,621,763 Syrian pound (2022) | |
| 36,432,181,026 Syrian pound (2022) | |
| Total assets | 504,483,310,523 Syrian pound (2022) |
| Owner | TeleInvest |
Number of employees | 1281 (October 2012) |
| Parent | TeleInvest Ltd, subsidiary of Dallah Al-Baraka |
| Website | mtnsyr |
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, 3.5G and 4G (LTE) broadband and mobile services.
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]
On 3 March 2026, the Syrian Ministry of Communications and Information Technology announced the launch of an international tender for a new mobile license to replace MTN Syria's license, following negotiations over MTN's orderly exit from the Syrian market.
The new license will include advanced frequency allocations, and current MTN Syria subscribers are expected to be automatically transferred to the incoming operator. The tender process is scheduled to be completed by 15 June 2026.[3][4]
Statistics (October 2012)
| Active subscribers | 5.978.660 |
| Population coverage | 99.5% |
| Geographical coverage | 80% |
| Technologies | 2G, 3G, 3.5G, LTE |
| Retail Base | 3735 |
| Current status | Active |
References
- ^ "MTN Syria 2010 Profit Up 83% to $132 Million on Customer Rise". Bloomberg.com. 21 February 2011. Retrieved 4 June 2012.
- ^ "UPDATE 3-South Africa's MTN to exit Middle East to focus on Africa". Reuters. 6 August 2020.
- ^ "Syria launches international tender for 20-year mobile network license". Syrian Arab News Agency. March 4, 2026. Retrieved March 4, 2026.
- ^ "RFA for a Mobile License" (PDF). Ministry of Communications and Information Technology, Syria. Retrieved March 3, 2025.