Regulation -

MTN, Standard Bank face $136 million patent claim

South Africa’s telecom company MTN and Standard Bank face a claim of up to 1 billion rand ($136 million) for infringement of technology patents in their joint venture MTN Banking. The head of South African technology company 3MFuture, Wolfram Reiners, said last Friday that MTN and Standard Bank have been served with summons to appear [...]

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