Word: motorolas
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Dates: during 2000-2009
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...Lawmakers then waved through a draft bill allowing the state's share in former monopoly France Télécom to drop below 50%. Update One of Turkey's wealthiest families, the Uzans - profiled in time last week - was found guilty of perpetrating a "huge fraud" against Motorola and Nokia. A New York federal judge found the Uzans had "siphoned" hundreds of millions of the two telecom firms' money "into their own pockets." They have been ordered to pay the companies more than $4.2 billion. The Uzans say they will appeal. TIME Europe: Uzan's Troubles...
...Lies! A bunch of outright lies!" Uzan says of the Motorola complaint, which among other things charges the family with using libel and extortion to intimidate its enemies. Judge Rakoff, he claims, is anti-Turkish. "He is biased against Turkey, against the Turkish people." As for the High Court judge in the U.K. who slapped Uzan family members with a 15-month jail term for contempt of court and a worldwide freeze on assets, he "thinks he rules the world." The whole Motorola-Nokia lawsuit is merely a "business dispute between one company and another" and should be dealt with...
What do you think of the government crackdown on your family businesses? Everyone knows this is a political lynching. There is no country in the world that does to you what [Prime Minister Recep Tayyip] Erdogan has done to my family. Motorola's complaint states that your company, Telsim, never intended to pay back its loans. It also says your family has tried to intimidate Motorola into dropping the suit A bunch of outright lies. The intention to settle was there all the time. This family has never said we will not pay. Not once. So when will...
...business interests, and Cem himself is barred from leaving the country because of the bank imbroglio. And that's just the family's troubles in Turkey. In New York, a judge could rule as early as this week on a fraud and racketeering case brought against the Uzans by Motorola and Nokia. The mobile-phone giants allege that the Uzans lured them into loaning $2.7 billion in cash and equipment to an Uzan-controlled company, Telsim, and that the family had no intention of repaying the loans. Hundreds of millions of dollars of the Uzans' overseas assets have been frozen...
...Monster train (named for its Monster Energy drink) and plans to give drink samples to passengers and display video ads. "We prefer to call it a totally immersive branding environment," says Patrick Pharris, chief executive of Promethean Partners, which is selling the monorail's advertising and has also secured Motorola as an early partner. Ad revenues will help subsidize fares on the monorail, which will be the first modern U.S. public-transit system financed entirely by private funds...