Tag Archives: 8m

News: Poor Russian iPhone sales force $8.8m lawsuit

Slumping sales of the iPhone in Russia have forced one of the country’s “big three” carriers to sue a major retail partner, according to a C-News report (Translated link). Mobile Telesystems (MTS) recently won a 279 million ruble (roughly $8.85 million) claim against retailer Euroset, which failed to sell the iPhones it agreed to, and which MTS had given it. To further complicate matters, MTS rival VimpelCom acquired a 49.9% stake…