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Communications Regulatory Authority: The settlement with MTN paves the way for the entry of the Kuwaiti company Zain into the Syrian market.

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شبكة شام الإخبارية · · Source

🇸🇾 Syria · Map

Communications Regulatory Authority: The settlement with MTN paves the way for the entry of the Kuwaiti company Zain into the Syrian market.

Communications Regulatory Authority: The settlement with MTN paves the way for the entry of the Kuwaiti company Zain into the Syrian market.

Details:

Director of the Communications and Post Authority, Khaled Al-Homsi: Reaching a fair settlement with MTN that allows it to exit the Syrian market in a satisfactory manner to both parties, while ensuring that the country will benefit from the agreement.

Negotiations between the government and MTN management began last February, and resulted in a verbal agreement within a short period of time, and the legal and financial disputes were no longer an obstacle to Zain Kuwait's investments.

Kuwait's Zain Company won the second operator's license after competing in an international bid, and it will work to modernize and develop cellular communication networks in Syria.

The Zain company requested special equipment for the fifth generation (5G) technology, and it is expected to arrive in Syria soon and begin installation.

The management of the Zain company has been in Syria for more than three months to complete the administrative and logistical arrangements necessary to start its operations.

There is no truth in the reports circulating about the existence of differences of opinion between the Ministry of Communications and Zain Kuwait.

The delay in the entry of the third operator stems from the need to deal with the legal challenges in the industry, and its license is expected to be offered for international auction in 2031.

The arrangement with MTN opens the way for new foreign investments in the Syrian telecommunications sector.

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