Turkcell withdraws U.S. lawsuit against MTN Group

[Wireless News]

http://l.yimg.com/bt/api/res/1.2/47QrH4YnEw1podtx1HpBWA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-05-01T222457Z_1_CBRE9401Q9P00_RTROPTP_2_CTECH-US-MTN-TURKCELL-LAWSUIT.JPG (http://news.yahoo.com/turkcell-withdraws-u-lawsuit-against-mtn-group-222457027.html)WASHINGTON (Reuters) - Turkish telecom company Turkcell dropped its multibillion-dollar U.S. lawsuit against rival African mobile phone group MTN Group, citing a recent U.S. Supreme Court ruling that hurt its case. Turkey's largest cell phone operator filed a $4.2 billion lawsuit in Washington last year alleging the Johannesburg-based company used bribery to win a mobile license in Iran that was first awarded to Turkcell. But the court delayed the case in October pending a U.S. Supreme Court decision on the Alien Tort Statute, the U.S. human rights law on which Turkcell's suit is based. ...



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