By Nate Raymond NEW YORK (Reuters) - A U.S. judge on Friday put on hold a $2.5 billion lawsuit by Mexican mobile phone operator Iusacell SA de CV accusing IBM Corp of fraudulent misrepresentations, citing a pending arbitration launched by the U.S. technology giant. U.S. District Judge Naomi Reice Buchwald in New York granted IBM's bid to stay the lawsuit as it involved issues central to an arbitration pending before the International Chamber of Commerce. In 2010, Iusacell signed a contract with IBM's Mexico unit, which under the agreement would improve and operate Iusacell's IT systems. ...
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