We had announced that, in the lawsuit filed by our Company on 26 November 2013 in South Africa against South Africa-based mobile operator MTN, its group companies, and former company executives, seeking compensation for the damages suffered as a result of unlawful acts during Iran`s first private GSM license tender process, the court had ruled that the competent jurisdiction was not the South African courts, but the Iranian courts.
Our Company filed an appeal against this decision, and as a result of the appellate review, on 29 April 2025, the Supreme Court of Appeal of South Africa accepted our appeal, recognized the jurisdiction of South African courts over the case, and paved the way for the proceedings to continue before the South African courts within the framework of Iranian law.
In line with the appellate court`s ruling, the case will be remitted to the High Court, and the substantive phase of the proceedings is expected to begin. MTN retains the right to apply to the Constitutional Court of South Africa.
