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Fri May 24 21:24:15 SAST 2013

Teen cuts cell charge time

US court puts MTN-Turkcell lawsuit on hold

Reuters | 15 October, 2012 10:33
A US court had put on hold the $4.2 billion lawsuit against MTN Group by Turkish rival Turkcell, pending a separate US Supreme Court decision.
Image by: SIPHIWE SIBEKO / Reuters

A US court had put on hold the $4.2 billion lawsuit against MTN Group by Turkish rival Turkcell, pending a separate US Supreme Court decision.

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MTN Group on Monday confirmed that the US Supreme Court had heard oral arguments in a high profile case against Royal Dutch Shell this month, a case which may determine whether foreign corporations can be sued in US courts under an 18th Century law.

The outcome of that decision is likely to determine whether Turkcell can go ahead with its suit against MTN, which claims the mobile operator used bribes and other underhanded means to obtain its license in Iran, which was originally awarded to Turkcell.

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