https://www.engineeringnews.co.za
Africa
Africa
africa

MTN says long-running Turkcell litigation dismissed with costs

1st December 2022

By: Creamer Media Reporter

     

Font size: - +

The litigation against telecommunications group MTN contesting the award of its 2005 telecommunications operating licence in Iran has been dismissed with costs.

Since 2013, MTN and some of its subsidiaries have been defending the legal action instituted by Turkcell Iletisim Hizmetleri and Turkcell's wholly owned subsidiary East Asian Consortium (EAC) in the High Court of South Africa.

Turkcell and EAC sought substantial damages from MTN amid allegations of impropriety in the award of the first private mobile telecommunications licence in Iran.

Istanbul-based Turkcell formally withdrew as a plaintiff in the South African High Court in November 2020, leaving EAC as the sole plaintiff in the action against MTN.

According to a judgment handed down by the High Court of South Africa on November 30, EAC's action against MTN has been dismissed with costs, putting an end to the Turkcell litigation, the group said in an update to shareholders on Thursday.

“MTN is delighted at the outcome as it has consistently maintained that the Turkcell litigation was without merit.”

Edited by Creamer Media Reporter

Comments

 

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 May 2024
Magazine round up | 17 May 2024
17th May 2024
Photo of Martin Creamer
On-The-Air (10/05/2024)
10th May 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.294 0.346s - 166pq - 2rq
Subscribe Now