CAPZA Transition backs SYMA
The objective of this operation is to accelerate SYMA’ development. CAPZA Transition1 invests in both equity and mezzanine.
Founded in 2003 by its current CEO Mesrop Yeremian and based in Paris, SYMA Mobile is one of France’s historical mobile virtual network operator (MVNO). SYMA has been a full-fledged MVNO since 2019. The company differs from traditional MVNOs in that it has its own technical “core network” architecture, which gives it great control over its operations. Furthermore, the company has its own team of engineers and developers.
SYMA mainly provides “fixed price” offerings, and remains present on its historical prepaid offers. The company offers its subscribing customers high-quality communications services in France and internationally.
CAPZA Transition is investing in equity and bond financing, alongside SYMA’s founder, Mesrop Yeremian, in order to strengthen the development of new digital distribution channels, and to develop its customer base through competitive services benefiting from the quality of the Orange and SFR networks (two major French mobile operators).
“We are pleased to support SYMA which, after years of effort, has fully demonstrated its legitimacy and its capacity to generate profitable growth at the service of its customers and partners. SYMA relies on its technological capacity with its own core network, its partnership with market leaders such as Orange and SFR, to offer its customers an excellent quality of service and the best traffic conditions,” says Emmanuel Bonnaud, Managing Director of CAPZA Transition.
“SYMA’s objective is to provide access to a wider range of services, which is essential for the integration of customers and the development of their communication capacity. We are delighted to have found in CAPZA Transition an investor who understands the DNA of our company, but also the evolution of our business as an operator, which must offer its customers increased connectivity thanks to higher speeds, and new services associated with more open infrastructures, while maintaining an impeccable quality, which we are developing in collaboration with our partners ORANGE and SFR. This need for constant evolution of our offers requires significant investments that our partnership will allow us to assume with serenity.” concludes Mesrop Yeremian, Founder of SYMA.
1 The funds of the CAPZA Transition range are managed by the asset management company CAPZA, and advised by CAPZA Transition SAS which has financial investment advisor status (CIF in France), is registered under the Orias under the number 18001601 since the 23/03/2018.
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