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Tbilisi City Court upholds MegaFon fine

17 Dec 2008

The Tbilisi City Court has turned down an appeal by MegaFon seeking the dismissal of a fine imposed by the Georgian regulator for operating without a licence in South Ossetia. ‘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 Communications Commission. Swedish telco TeliaSonera owns a 43.8% stake in the Russian cellco.

Georgia, MegaFon

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