Wafa Telecom News Today

The Syrian lira is facing turmoil in the foreign exchange market, with the Syrian Central Bank unable to support the currency because of a significant deterioration in its reserves. There are undoubtedly many economic and political reasons for the decline in the bank’s role. Specifically, however, the end of financial support from Iran has put the bank in a state of paralysis.

A new Syrian telecommunications company could be indirectly tied to Irans Islamic Revolutionary Guard Corps (IRGC), a probe has found. A joint investigation by the NGOs the Organised Crime a...

Syria’s licensing of a third mobile operator, Wafa Telecom, looked like another effort by authorities to seize control of the lucrative telecoms sector.

Syria’s newest operator Wafa Telecom has been linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) by an investigation conducted by the NGOs OCCRP (Organised Crime and Corruption and Reporting Project) and OPENSyr (Observatory of Political and Economic Networks).

Syria News by Syrians

Association faced a scandal in 2015 over pay and pensions for senior officials

DAMASCUS, Syria (AP) — The Syrian government Monday awarded a telecommunications company a license to become the third cellular operator targeting areas of poor coverage in the war-torn nation, state media reported.

DAMASCUS/AMMAN (Reuters) -Syria's telecommunications authority has awarded Wafa Telecom a licence to be the country's third mobile telecoms operator, state media reported on Monday.

DAMASCUS, Syria (AP) — The Syrian government Monday awarded a telecommunications...

The new telecommunications company is due to start operating in nine months with an aim to 'improve the reality of cellular communications in Syria' after its infrastructure was damaged during the civil war.