An ongoing US antiterrorism case looks to have turned in mobile operator MTN’s favour as a judge recommended that the case be dismissed, sending shares shooting up more than 8% on Monday.

The case has been hanging over MTN for close to two years after the families of more than 200 US soldiers killed and wounded in Afghanistan — which the US invaded in the early 2000s to topple the Taliban — claimed it had paid protection money to the Islamist movement and actively helped its fighters from being detected by counterinsurgency forces...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now