Court Upholds Moroccan Ruling Against UAE Telco, Orders $626 Million Payout
In a decisive legal blow, a Moroccan court has upheld a ruling demanding e&’s subsidiary to compensate Casablanca-based Wana Corporate with a hefty $626 million. The legal saga, stemming from allegations of anti-competitive practices, has ensnared e&’s majority-owned Maroc Telecom, leaving shareholders reeling from the upheld decision by the Casablanca Court of Appeal. Expressing dismay …
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