Johannesburg-listed MTN Group is in crisis management mode trying to limit reputational damage after Turkcell filed an explosive lawsuit in the Washington federal court on Thursday morning (SA time), implicating government officials and executives from Africa’s largest mobile phone operator in a bribery and sophisticated weapons scandal
MTN, Africa’s largest mobile network operator, is locked in around-the-clock talks with Iranian authorities about its 49% telecoms stake in Irancell. The Middle East country has become the target of sanctions by the US and the European Union for its nuclear ambitions. MTN has been playing a diplomatic tune in terms of its operations
MTN has condemned what it describes as an attempt by Turkcell to “use the threat of a US legal claim to extort money” from the JSE-listed mobile group. This follows a series of damaging allegations and a threat of legal action by the Turkish operator over claims it was awarded an operating licence in Iran corruptly
Emerging-markets telecommunications giant MTN is gearing up to fight a series of damaging allegations and legal action by Turkcell over claims by the Turkish operator that the JSE-listed group was awarded an operating licence in Iran corruptly. MTN claims
