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2008
Turkcell v. Iran Turkcell İletişim Hizmetleri A.Ş. v. The Islamic Republic of Iran
Nationality of the parties
Iran, Islamic Republic of
Turkey
Summary of matters at issue
Majority shareholding in the Irancell consortium through an Iranian special purpose vehicle announced as the winner for the second global system for mobile communication (GSM) license to be awarded in Iran, and contractual rights under such license agreement.
Claims arising out of Turkcell's participation in a tender process concerning a private GSM license in Iran and a change in Iranian's legislation preventing Turkcell to operate the project it had tendered for by requiring that the GSM license had to be run by a company which was majority owned by a domestic Iranian company, and Iran's subsequent assignment of the project to another operator.
Economic sector and subsector
Tertiary: J - Information and communication
61 - Telecommunications
Arbitral rules and administering institution
UNCITRAL
PCA (Permanent Court of Arbitration)
Composition of tribunal
Kaplan, N.
Brower, C. N.
Abedian, H.
Status/Outcome of original proceedings
Decided in favour of State
Decisions rendered
Award dated 15 October 2014
Dissent of Charles N. Brower on particular issues (Award)
Amount of compensation
600.00 mln USD
Data not available
IIA breaches alleged/found
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Most-favoured nation treatment
None - jurisdiction declined
Follow-on proceedings
None
Link to Italaw's case page