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Mobile World Congress companies shouldn’t expect money back: organizers

Companies that shelled out money for the canceled Mobile World Congress shouldn’t expect to get it back anytime soon, the conference’s organizers said Thursday. The GSMA, the industry body that puts on the world’s largest smartphone trade show, canceled this year’s event Wednesday after several major companies pulled out over fears about the deadly coronavirus outbreak. Firms likely won’t be compensated because the insurance coverage GSMA takes out on behalf of the show’s exhibitors doesn’t cover problems caused by a communicable disease such as the coronavirus. The body’s director general, Mats Granryd, called it a “force majeure situation,” a term for uncontrollable circumstances that prevent someone from fulfil ...