ISIN | SY0031100330 |
---|---|
Industry | Telecommunications |
Predecessor | Investcom |
Founded | 2007 |
Headquarters | Damascus, Syria |
Area served | Syria |
Products | Mobile network operator, Internet services |
Services | Telecommunications & Data |
Revenue | 362,575,590,450 Syrian pound (2022) |
Operating income | 47,064,621,763 Syrian pound (2022) |
Net income | 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 | Official website |
MTN Syria is one of the two only mobile operators in Syria, the other being Syriatel. MTN Syria was previously known as "Areeba". It offers GSM and 3.5G broadband 4G (LTE) 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.
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.