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Pharma Investments, Ventures & Law Weekly

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Georgian National Communications Commission



Court Upholds Fine Against Megafon for Illegal Operations in Georgia



January 4th, 2009

The Tbilisi City Court has rejected a legal motion brought by the Russian mobile telephone carrier Megafon seeking the dismissal of a fine imposed on the company by regulatory authorities for illegal unlicensed operations in South Ossetia and other areas of Georgia's sovereign territory. The court's decision is the latest in a series of judgments confirming Megafon's activities in Georgia, which regulators say dates back to 2005.

"Megafon's ongoing unlicensed presence in Georgia, which is akin to an economic occupation and annexation, is unacceptable and should not be tolerated by its European ownership," said Giorgi Arveladze, chairman of the Georgia National...


Source: Pharma Investments, Ventures & Law Weekly (2009-01-04)

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