MTN has filed a statement of defence in the “long-running litigation” against Turkcell.
Turkcell is claiming damages against MTN as a result of MTN acquiring a 49% interest in Irancell, which was awarded the second GSM Licence in Iran in November 2005.
MTN said that Turkcell’s claim is opportunistic, an abuse of the process of court, baseless, and without merit.
“We will not be bullied, harassed, and oppressed in this matter and have every expectation that we will prevail,” said MTN.
“Turkcell was the author of its own misfortune in failing to obtain the licence in Iran.”
It said Turkcell was unwilling or unable to comply with the legislative requirement that its shareholding in the licence not be greater than 49%.
“Turkcell’s implausible allegations rest heavily on a disgruntled former MTN employee who has been described as a fantasist and a conspiracy theorist,” said MTN.