Sharenet Sites 
Sharenet Sites
Supreme Court of Appeal (SCA) judgment on Turkcell appeal
MTN Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
(Share code MTN)
(ISIN: ZAE000042164)
(MTN Group or MTN)
Supreme Court of Appeal (SCA) judgment on Turkcell appeal
MTN has previously disclosed litigation regarding Turkcell Iletisim Hizmetleri A.S (Turkcell), and
Turkcell's wholly owned subsidiary, East Asian Consortium B.V. (EAC) instituted legal action in the High
Court of South Africa against MTN Group and certain of its subsidiaries in 2013, in which action
Turkcell and EAC sought substantial damages from MTN pursuant to allegations of impropriety in the
award of the first private mobile telecommunications licence in the Islamic Republic of Iran (the
Turkcell litigation).
The board of MTN Group Limited appointed an independent special committee (Committee) to
investigate the allegations by Turkcell against MTN. The Committee, established in 2012, exonerated
MTN. Details of the Committee and its findings are available at:
https://group.mtn.com/sustainability/sustainable-societies/ethics/the-hoffmann-committee-
report/.
MTN shareholders are hereby informed of a judgment handed down by the SCA on 29 April 2025, in
which it upheld aspects of the appeal lodged by Turkcell. The appeal was lodged against a High Court
judgment, in which the High Court had dismissed Turkcell's case against MTN Group on the basis that
the South African courts did not have jurisdiction. The SCA has set aside the judgment and decided
that the South African courts do have jurisdiction. The SCA, however, upheld the High Court ruling
that Iranian law is applicable to key aspects of the dispute.
The decision to uphold the appeal does not relate to the merits of Turkcell's claims or the allegations
made against MTN Group, which have not yet been tested in court. MTN has always maintained that
the Turkcell litigation was without merit and has expressed confidence that it would successfully
defend these proceedings.
MTN intends to approach the Constitutional Court to appeal this decision.
Fairland
30 April 2025
Lead Sponsor
J.P. Morgan Equities South Africa Proprietary Limited
Joint Sponsor
Tamela Holdings Proprietary Limited
Date: 30-04-2025 07:18:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
