Tele2 has withdrawn a lawsuit against Nokia’s Russian subsidiary

Tele2 has decided to withdraw its lawsuit against Nokia’s Russian division for 478 million rubles. The Moscow Arbitration Court has halted the proceedings. VedomostiThe company has not commented on the incident.

Tele2 applied for a $478 million lawsuit against the Finnish Nokia for refusing to deliver equipment to Russia in May last year. In November, the court session was postponed because it became possible to reach a settlement. This is what has happened today.

In early March last year, Nokia announced the end of its deliveries to Russia, but at the same time assured that the company would continue to provide equipment already imported. In November last year, the Tele2 operator decided to sue Ericsson for failing to pay its obligations under contracts and supplying him with necessary hardware. The telecom company plans to collect a debt and a penalty from the Swedish vendor under the concluded contracts. List23