ISTANBUL Nov 29 Turkey's Cukurova and Russia's
Alfa are "back to square one" in a longstanding dispute over a
stake in Turkish mobile carrier Turkcell, a source
familiar with Cukurova's thinking said on Tuesday.
Alfa, owned by Russian billionaire Mikhail Fridman, is
unable to purchase the disputed shares from Cukurova due to a
legal injunction, Fridman's investment vehicle Letter One said
in a statement earlier on Tuesday.
"We are back to square one," the source said. He said
Cukurova believed that Alfa's reasons for not buying the stake
were "excuses" and that the legal injunction should not have
prevented the transaction.
(Reporting by Can Sezer; Writing by Daren Butler; Editing by