TM, Axiata to bar Alca-Lu from tenders for a year

24 Mar 2011

Both Malaysian fixed line incumbent Telekom Malaysia™ and the former holding company for the telco’s international interests Axiata Group have announced that they will bar French-US vendor Alcatel-Lucent from any new tenders for a twelve-month period. According to Reuters, Axiata has said that it will suspend any ongoing negotiations with the hardware supplier, with the suspension to run for a year from 18 February 2011. TM meanwhile has said that its embargo on business with Alca-Lu will run from 5 January 2011. The decision comes after the US Securities and Exchange Commission (SEC) and Department of Justice released documents in January 2011 that alleged Alca-Lu bribed TM employees in exchange for information that had not been publically disclosed. As previously reported by CommsUpdate, that same month TM and Axiata Group announced that they had each created sub-committees which would carry out internal investigations into the allegations.

Malaysia, Alcatel-Lucent, Axiata, Telekom Malaysia