www.WirelessFederation.com/news: Syrian mobile market is in the eye of Kuwait’s Zain which has expressed its interest to make investments in the country’s mobile sector either through an acquisition of an operator license, or a stake in an existing operator. Currently, Syriatel and South African owned, MTN Syria are the two telecom operators operational in the country.
Zain has already met with the Syrian telecoms ministry to work out a suitable manner for the company to enter the market. Besides, the Syrian government has also been considering offering a 3rd mobile license for well over a year.
Syriatel was blacklisted by the U.S. Department of the Treasury due to its links with Rami Makhluf, which the US government has blacklisted due to his connections with the government. Hence, Zain would have to overcome this political hurdle to make any investment in this company.
