MTN Syria

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.

MTN Syria

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

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 subscribers	5.978.660
Population coverage	99.5%
Geographical coverage	80%
Technologies	2G, 3G, 3.5G, LTE
Retail Base	3735
Current status	Active