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Syriatel and MTN Syria to Pay USD 500 million each for 20-year License Syriatel and MTN-Syria, Syria’s two mobile phone operators, will pay SYP 25 billion each for the right to convert their existing BOT contracts with the Syrian state into 20-year licenses, according to Imad Sabbouni, the Minister of Communication ... | |
New Player to Enter Syria’s GSM Market Syria’s mobile phone industry, the country’s most lucrative business sector, is to be overhauled as the Government announces the launch of a bidding round for a third operator as well as the sale of a license to the existing two operators. | |
Syriatel, MTN Publish Half-year Accounts Syria's two mobile operators saw a two-digit annual increase in both revenues and net profits according to their unaudited financial statements for the first half of 2010. | |
Ministry of Telecoms Denies Zain’s Entry in GSM Market The Syrian Minister of Communications and Information Technology, Imad Sabbouni, has denied that Zain, the mobile phone operator, had won the right to enter the Syrian market. | |
New Law Reorganises Syria’s Telecoms Sector A new law regulating the telecoms sector, the most profitable industry in Syria, has been approved. | |
STE’s Income Posts 2-Digit Annual Growth The Syrian Telecommunications Establishment, one of the most profitable state-owned companies, generated revenues of SYP 73.1 billion in 2009, posting an annual increase of 18 percent. | |
Syria to Share Bandwidth Capacity with Neighbours The Syrian Telecommunications Establishment (STE) has announced that Syria will be exchanging internet capacities with three of its neighbours starting early June. | |
Mobile Phone Network Nears 10 Million Mark The number of subscribers to Syria’s two mobile phone networks almost reached 10 million at the end of last year, according to the Syrian Telecommunications Establishment. | |
STE Reduces ADSL prices by a Third The Syrian Telecommunications Establishment has announced that it was reducing its ADSL subscription rates starting May 1. | |
Siemens, Ericson to Add Capacity to Landline Network The Syrian Telecommunications Establishment has contracted four companies to increase its landline network by 920,000 lines. | |