Econet settles Nigerian telecoms dispute with Bharti Airtel

Posted by Maveriq

According to a reuters report, Econet Wireless has reached an out of court settlement with Bharti Airtel International, bringing to a close the long running dispute.  Econet won a lawsuit against Bharti in January 2012 and were awarded US $3.1  billion. However, Airtel appealed and lost the case, setting the ground for an out of court settlement.  However, so  far no details have been given on the nature of the settlement deal.

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