MTN wins arbitration against SPTC
SWAZILANDBy BiztechAfrica - March 31, 2012, 12:23 p.m.
The International Court of Arbitration in Geneva has ordered the Swaziland Post and Telecommunication Corporation (SPTC) to cease offering mobile services.
MTN challenged the matter when SPTC launched a rival mobile network under the brand name ONE, saying SPTC held a stake in MTN Swaziland and had signed an agreement not to launch mobile services in competition with MTN.
SPTC then launched fixed-wireless services under the name FixedFone in 2011. MTN took the matter to arbitration.
The case, heard in Geneva this week, saw SPTC instructed not to operate any mobile telephony service in competition with MTN in Swaziland.
MTN is reported to have issued a statement to the effect that it is not opposed to SPTC entering the country’s mobile market, but that it cannot do so while it remains an MTN shareholder.
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