Planor sued by intermediary over Alpha Telecom licence deal

Tuesday 8 July 2014 | 11:41 CET | News
Planor International, the parent company of the winner of Mali's third mobile licence with Alpha Telecom, has been sued in the commercial court of Bamako by Societe Ouest-Africaine de Developpement (Soda) for breach of contract, according to Malian press reports. According to Soda, Planor sought its services as an intermediary with the government to help it secure its licence. Under the terms of an agreement signed in April 2012, Soda should have been paid 10 percent of the licence price, or XOF 5 billion. A later agreement between the two parties converted the payment to a 10 percent stake

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Categories: Mobile & Wireless
Companies: Alpha Telecom Mali
Countries: Mali
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