Turkcell Drops Lawsuit Against MTN Over Iran License Deal
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Turkcell Iletisim Hizmetleri AS withdrew a lawsuit alleging that MTN Group Ltd. paid bribes to win an Iranian mobile-phone license, citing a Supreme Court decision that bars such cases in the U.S.
Turkcell, based in Istanbul, told U.S. District Judge Reggie Walton in a court filing yesterday in Washington that it would drop the case because of the Supreme Court’s ruling last month on the Alien Tort Statute. The case had been on hold while the Supreme Court decision was pending. The company may file a new application in a different court, it said in a statement today.