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Turkcell withdraws corruption case in US against MTN over Iranian license

Michael Malakata | May 3, 2013
Though Turkcell has withdrawn a $4.2 billion lawsuit against MTN Group in a U.S. court, allegations about MTN's activities in Iran may still dog the South Africa-based company.

MTN engaged Hoffmann in February 2012 in a bid to resolve the dispute with Turkcell outside the court. Turkcell refused to cooperate with the Hoffmann's investigations.

The allegations still cloud MTN's reputation, according to some industry watchers.

"The fact that Turkcell has withdrawn the case does not clear MTN of the wrongdoing in the manner it acquired the license in Iran," said Edith Mwale, a telecom analyst at the African Center for ICT development told Computerworld Zambia.

She pointed out that Turkcell only withdrew the matter from a U.S. court on a technicality.

 

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