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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 legal action in the High Court of South Africa against MTN Group and certain of its subsidiaries in 2013.
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 legal action in the High Court of South Africa against MTN Group and certain of its subsidiaries in 2013.
