Wednesday 27 November 2013

Turkcell Sues South Africa’s MTN Over Iran Mobile License - Bloomberg

Turkcell Sues South Africa’s MTN Over Iran Mobile License - Bloomberg:

"Turkcell Iletisim Hizmetleri AS (TCELL), Turkey’s biggest mobile-phone operator, sued South Africa’s MTN Group Ltd. (MTN) for a second time over the award of an Iranian mobile license.
Turkcell filed the claim in a Johannesburg court as the latest step in an attempt to obtain compensation relating to the tender for a license awarded to MTN in 2005, the Istanbul-based company said in a statement today.
“Turkcell was awarded Iran’s first private Global System for Mobile Communications license in 2004, but was unlawfully prevented from receiving the license,” Turkcell said. “Information received by Turkcell indicates that our company’s exclusion, and the signing of the license agreement with MTN, was a consequence of MTN’s illegal acts, including bribery and corruption.”"

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