JOHANNESBURG, Nov 29 (Reuters) - Turkish mobile operator Turkcell 's $4.2 billion lawsuit against South African rival MTN Group is unlikely to be heard in a Johannesburg court before early 2015, MTN's chief executive said on Friday.
JOHANNESBURG, Nov 28 (Reuters) - MTN Group Ltd : * Says continuation in South Africa of legal proceedings by Turkcell Iletisim
* MTN says case has no legal merit (Adds lawsuit details)
JOHANNESBURG (Reuters) - Turkish mobile phone company Turkcell has taken to a South African court its $4.2 billion lawsuit against rival MTN Group, alleging it was the victim of "corruption and bribery" that caused it to lose a contract in Iran.
JOHANNESBURG, Nov 27 (Reuters) - Turkish mobile operator Turkcell is claiming damages of at least $4.2 billion against rival MTN Group, which it alleges used "corruption and bribery" to win a mobile licence in Iran.
ISTANBUL, Nov 27 (Reuters) - Turkish mobile phone company Turkcell said it has opened a lawsuit in South Africa against rival telecoms company MTN Group seeking damages for losses that Turkcell said it had incurred.
Turkcell ( TKC +1.3% ) reports Q3 revenue climbed 8% Y/Y to TRY2.981B. Net income of TRY699M climbed 22%. ( PR , results ) EBITDA
A month after upgrading Turkcell ( TKC -2.1% ), UBS downgrades the telco to Neutral citing valuation. TKC shares climbed up 14.2% during the period. 1 comment!
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associate income was also weak with MegaFon down 38.5% and Turkcell down 31% from the year-ago periods. However, most of these ..... MegaFon adding 6 million year over year to 63.1 million and Turkcell adding 1 million in Turkey to 34.5 million and 600,000