Telecom Lead Africa: Nigerian High Court has dismissed Bharti Airtel's application on Econet Wireless case. In court papers, Econet said that it is submitting a claim valued in excess of $3 billion. The Lagos High Court on Thursday dismissed an application by Indian telecom operator Airtel to set aside an award made by an international commercial arbitration tribunal in favor of Econet Wireless. Econet Wireless said the judgment paves the way for the matter to be referred back to the international tribunal to set the quantum of damages and compensation that Bharti must pay to Econet Wireless. Bharti Airtel officials were not available for comments the issue. The international tribunal found multiple breaches of a shareholders' agreement by both the selling shareholders and Celtel Nigeria, now Bharti Airtel Nigeria, ordering them to pay damages/equitable compensation to Econet.