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Syriatel

January 01, 1970

Syriatel (Arabic: سيريتل) is a mobile network provider in Syria.[1] It is one of the only two providers in Syria, the other being MTN Syria.[2] In 2022 the Syrian telecommunications authority awarded the third telecom license to Wafa Telecom.[3] It offers LTE with 150 Mb/s speeds, under the brand name Super Surf.[4]

Syriatel
Native name
سيريتل
Company typePublic
ISINSY0031100322
IndustryTelecommunications
Founded2000
HeadquartersDamascus, Syria
ProductsGSM / 3G, 4G / LTE
Revenue646,468,156,345 Syrian pound (2022) 
157,085,125,181 Syrian pound (2022) 
128,783,097,159 Syrian pound (2022) 
Total assets1,109,760,445,227 Syrian pound (2022) 
Number of employees
3,931 (2022) 
Websitehttps://www.syriatel.sy/

History edit

Syriatel was founded in January 2000, with its headquarters in Damascus, Syria. The Government licenses two private companies to supply mobile phone services, Syriatel and "94". Orascom provided the management. The license with the Government was a Build-own-transfer (BOT) contract for 15 years.[5] In 2017 Syriatel introduced 4G speeds offering 150 Mb/s speeds, branded Super Surf.[4] On 5 June 2020, a Syrian court ordered Syriatel be placed under judicial custody.[6]

Ownership edit

When the company was founded in 2000, Syriatel was owned by the Egyptian telecommunications company Orascom (25%) and Rami Makhlouf (75%), cousin of Syrian president Bashar al-Assad.[7][8] In 2003, Orascom sold its ownership in Syriatel.[9]

Company edit

The company is owned by Rami Makhlouf, cousin of Syrian president Bashar al-Assad.[7][8] The company had approximately 3,500 employees and 8 million customers as of 2016.[10] It is headquartered on Sehnaya Road in Damascus.[10]

Technologies edit

Syriatel operate a network of GSM 900 / 1800 & 3G 2100 & 4G 1800 cellular networks.

Sanctions edit

In 2011 the European Union imposed sanctions on Syriatel in order to intensify pressure on Syrian President Bashar al-Assad.[11]

References edit

  1. ^ "Syria awards mobile phone licences". BBC News. 22 January 2001. Retrieved 18 January 2020.
  2. ^ "MTN Syria 2010 Profit Up 83% to $132 Million on Customer Rise". Bloomberg.com. 21 February 2011. Retrieved 18 January 2020.
  3. ^ "Syria awards third mobile telecoms licence to Wafa -state media". Reuters. 2022-02-21. Retrieved 2022-05-06.
  4. ^ a b . www.syriatel.sy. Archived from the original on 16 October 2018. Retrieved 15 January 2022.
  5. ^ Fleming, Daniel (2006). Global Challenges - Local Responses An Institutional Perspective on Economic Transformation in Asia. Roskilde University. p. 239.
  6. ^ "Syrian court orders Syriatel placed under judicial custody". Reuters. June 5, 2020. Retrieved June 5, 2020 – via www.reuters.com.
  7. ^ a b "Syria crackdown condemned by US". BBC News. 21 March 2011. Retrieved 18 January 2020.
  8. ^ a b "Syria begins shakedown of wealthiest businessmen as war debts spiral". The Telegraph. 25 December 2019. Retrieved 18 January 2020.
  9. ^ "Orascom completes ownership pull out from Syriatel". Al Bawaba. Retrieved 2022-05-03.
  10. ^ a b "Syriatel Mobile Telecom, About". LinkedIn. Retrieved 2021-10-20.
  11. ^ "EU sanctions target mobile phone Syriatel". Reuters. 2011-09-24. Retrieved 2022-05-15.


 

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January 01, 1970
syriatel, arabic, سيريتل, mobile, network, provider, syria, only, providers, syria, other, being, syria, 2022, syrian, telecommunications, authority, awarded, third, telecom, license, wafa, telecom, offers, with, speeds, under, brand, name, super, surf, native. Syriatel Arabic سيريتل is a mobile network provider in Syria 1 It is one of the only two providers in Syria the other being MTN Syria 2 In 2022 the Syrian telecommunications authority awarded the third telecom license to Wafa Telecom 3 It offers LTE with 150 Mb s speeds under the brand name Super Surf 4 SyriatelNative nameسيريتلCompany typePublicISINSY0031100322IndustryTelecommunicationsFounded2000HeadquartersDamascus SyriaProductsGSM 3G 4G LTERevenue646 468 156 345 Syrian pound 2022 Operating income157 085 125 181 Syrian pound 2022 Net income128 783 097 159 Syrian pound 2022 Total assets1 109 760 445 227 Syrian pound 2022 Number of employees3 931 2022 Websitehttps www syriatel sy Contents 1 History 2 Ownership 3 Company 4 Technologies 5 Sanctions 6 ReferencesHistory editSyriatel was founded in January 2000 with its headquarters in Damascus Syria The Government licenses two private companies to supply mobile phone services Syriatel and 94 Orascom provided the management The license with the Government was a Build own transfer BOT contract for 15 years 5 In 2017 Syriatel introduced 4G speeds offering 150 Mb s speeds branded Super Surf 4 On 5 June 2020 a Syrian court ordered Syriatel be placed under judicial custody 6 Ownership editWhen the company was founded in 2000 Syriatel was owned by the Egyptian telecommunications company Orascom 25 and Rami Makhlouf 75 cousin of Syrian president Bashar al Assad 7 8 In 2003 Orascom sold its ownership in Syriatel 9 Company editThe company is owned by Rami Makhlouf cousin of Syrian president Bashar al Assad 7 8 The company had approximately 3 500 employees and 8 million customers as of 2016 10 It is headquartered on Sehnaya Road in Damascus 10 Technologies editSyriatel operate a network of GSM 900 1800 amp 3G 2100 amp 4G 1800 cellular networks Sanctions editIn 2011 the European Union imposed sanctions on Syriatel in order to intensify pressure on Syrian President Bashar al Assad 11 References edit Syria awards mobile phone licences BBC News 22 January 2001 Retrieved 18 January 2020 MTN Syria 2010 Profit Up 83 to 132 Million on Customer Rise Bloomberg com 21 February 2011 Retrieved 18 January 2020 Syria awards third mobile telecoms licence to Wafa state media Reuters 2022 02 21 Retrieved 2022 05 06 a b Super Surf Syriatel www syriatel sy Archived from the original on 16 October 2018 Retrieved 15 January 2022 Fleming Daniel 2006 Global Challenges Local Responses An Institutional Perspective on Economic Transformation in Asia Roskilde University p 239 Syrian court orders Syriatel placed under judicial custody Reuters June 5 2020 Retrieved June 5 2020 via www reuters com a b Syria crackdown condemned by US BBC News 21 March 2011 Retrieved 18 January 2020 a b Syria begins shakedown of wealthiest businessmen as war debts spiral The Telegraph 25 December 2019 Retrieved 18 January 2020 Orascom completes ownership pull out from Syriatel Al Bawaba Retrieved 2022 05 03 a b Syriatel Mobile Telecom About LinkedIn Retrieved 2021 10 20 EU sanctions target mobile phone Syriatel Reuters 2011 09 24 Retrieved 2022 05 15 nbsp This Syria related article is a stub You can help Wikipedia by expanding it vte nbsp This article about a telecommunications company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Syriatel amp oldid 1220734195, wikipedia, wiki, book, books, library,

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