Reuters: Technology News: Turkcell withdraws U.S. lawsuit against MTN Group

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Turkcell withdraws U.S. lawsuit against MTN Group May 1st 2013, 22:25 Tweet Share this Email Print Related News UPDATE 2-U.S. justices agree to hear Daimler human rights case Mon, Apr 22 2013 MTN says U.S. ruling a "positive" in Iran suit defense Thu, Apr 18 2013 In win for Shell, U.S. top court curbs human rights claims Wed, Apr 17 2013 Supreme Court declines to hear gun rights case Mon, Apr 15 2013 Analysis & Opinion An ECB rate cut would be no magic wand BRIC banks reap ratings reward from government support Turkcell Chief Executive Sureyya Ciliv speaks during a news conference in Istanbul May 3, 2012. Credit: Reuters/Osman Orsal WASHINGTON | Wed May 1, 2013 6:25pm EDT 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. In April, the high court limited the ability of foreign plaintiffs to invoke the 200-year old law without a strong U.S. connection to the conduct. In a Wednesday filing, lawyers for Turkcell asked to dismiss the case in light of the Supreme Court ruling. (Reporting by Aruna Viswanatha; Editing by Carol Bishopric) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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