MTN Syria

MTN Syria
ISINSY0031100330
IndustryTelecommunications
PredecessorInvestcom
FoundedJune 29, 2002 (2002-06-29)
Headquarters,
Area served
Syria
Key peopleMohammed Hamdoun
ProductsMobile network operator, Internet services
ServicesTelecommunications & Data
Revenue362,575,590,450 Syrian pound (2022) Edit this on Wikidata
47,064,621,763 Syrian pound (2022) Edit this on Wikidata
36,432,181,026 Syrian pound (2022) Edit this on Wikidata
Total assets504,483,310,523 Syrian pound (2022) Edit this on Wikidata
OwnerTeleInvest
Number of employees
1281 (October 2012)
ParentTeleInvest Ltd, subsidiary of Dallah Al-Baraka
Websitemtnsyr.com

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, 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.

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.

On 30 June 2026, the Syrian Ministry of Communications and Information Technology announced that Kuwaiti telecommunications company Zain Group has won the tender at the "New Mobile Network Operator Announcement Ceremony" in Damascus. Zain Group announced it will commercially launch the Zain Syria brand in Q1 2027, thus ending the 24-year MTN era.

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

  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.
  3. ↑ "Syria launches international tender for 20-year mobile network license". Syrian Arab News Agency. March 4, 2026. Retrieved March 4, 2026.
  4. ↑ "RFA for a Mobile License" (PDF). Ministry of Communications and Information Technology, Syria. Retrieved March 3, 2025.
  5. ↑ "Zain awarded 25-year Syria telecom license following USD 747 million bid". zain.com. 30 June 2026.{{cite web}}: CS1 maint: url-status (link)