Victory for MTN in R73-billion lawsuit
The High Court has dismissed an application by one of MTN’s former rivals in Iran seeking $4.2 billion in damages, excluding interest.
Turkcell Iletisim Hizmetleri A.S, and Turkcell’s wholly owned subsidiary, East Asian Consortium B.V. (EAC), instituted...
Turkcell’s R54.8-billion case against MTN going to High Court
Turkcell said its $4.2-billion (around R54.8 billion) case against MTN will go to trial in South Africa.
Turkcell sues MTN in SA for USD4.2 billion over Iran damages
Turkish mobile phone company Turkcell has taken to court in South Africa, alleging it was the victim of corruption and bribery that caused it to lose a contract in Iran.
MTN legal battle with Turkcell revived
Turkish mobile operator Turkcell has filed papers in the High Court in Johannesburg in a bid to reopen a lawsuit against MTN
MTN whipped, but still a good buy
MTN’s share price is likely to remain wobbly as jittery foreign investors face massive pressure from United States authorities and lobby groups
MTN upbeat over trial
MTN has scored what it believes is an early victory in its fight to quash the $4.2-billion corruption lawsuit brought by rival Turkcell in a United States court
MTN under scrutiny from Obama administration
MTN, the R255-billion Johannesburg-listed cellphone giant, is in danger of being whacked with sanctions by the United States
MTN CEO tackles Turkcell accusations
Group President and CEO of MTN Group Sifiso Dabengwa has accused Turkcell of making “sensationalist allegations” against the group in obtaining a licence in Iran.
Former MTN CEO denies Iran bribe claim
The former chief executive of MTN Group denied on Sunday that he authorized bribes to Iranian and South African government officials in return for a cellular license in Iran.
MTN sued by Turkcell
JSE-listed MTN Group is in crisis management mode trying to limit reputational damage after Turkcell filed an explosive lawsuit in the Washington Federal Court on Thursday morning
MTN in bed with Iran’s military
Competing mobile operators MTN and Turkcell were silent this week on the latter’s claims that MTN bribed its way into Iran six years ago