MTN Syria

MTN Syria
ISINSY0031100330
IndustryTelecommunications
PredecessorInvestcom
Founded2007
Headquarters,
Area served
Syria
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
OwnerMTN Group, TeleInvest
Number of employees
1281 (October 2012)
ParentTeleInvest Ltd, subsidiary of Dallah Al-Baraka
WebsiteOfficial 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.

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]

  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.