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South Africa's MTN says Turkcell lawsuit has no legal merit
June 1, 2017 / 11:45 AM / 4 months ago

South Africa's MTN says Turkcell lawsuit has no legal merit

JOHANNESBURG (Reuters) - South Africa’s MTN Group (MTNJ.J) said on Thursday a $4.2 billion lawsuit filed by Turkcell (TCELL.IS) over a disputed Iranian mobile phone license had no legal merit.

Turkey’s Turkcell said its claim would be heard in a South African court.

It first sued MTN in a U.S. court in 2012, alleging the company used bribery and wrongful influence to win a lucrative Iranian license that was originally awarded to Turkcell.

Reporting by Tiisetso Motsoeneng; editing by Jason Neely

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