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Motorola wins $4.26B judgement in Telsim case

NEW YORK-Motorola Inc. savored a victory in its fraud lawsuit against Turkish carrier Telsim as a U.S. federal judge ordered the Uzan family to pay the vendor $4.26 billion, plus post-judgement interest.

Both Motorola and Nokia Corp. filed fraud and racketeering lawsuits against the Turkish operator related to $3 billion in vendor financing loans.

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