An arbitration court has ordered the Lebanese government to pay compensation of $266 million to FTML, a subsidiary of French telecom group France Telecom.

An arbitration court has ordered the Lebanese government to pay A compensation of $266 million to FTML, a subsidiary of French telecom group France Telecom. The dispute arose in 2001 after Beirut cancelled a contract for FTML to build and operate Lebanon’s mobile network, transferring the commission to German competitor Deutsche Telekom. France Telecom took legal action in 2002.