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Telia compensated for brawl over Turkish Turkcell

Friday, 30 September 2011
The fight over the ownership of the telecom operator Turkcell has resulted in Cukurova asked to  pay $ 932 million, or over Skr6.3 billion, in damages to TeliaSonera.

This comes after an arbitration tribunal decision of the International Chamber of Commerce, according to a press release issued by TeliaSonera.

The battle is about an arrangement in which Cukurova would transfer shares of Turkcell to TeliaSonera, a deal that Cukurova later withdrew.
By scancomark.se Team

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