Alcatel-Lucent's Malaysian slap over
Carriers lift suspension on vendor activities
Malaysian operators Axiata Group and Telekom Malaysia have lifted a year-long operating suspension on Alcatel-Lucent.
The two carriers had imposed the ban on Alcatel-Lucent in March following the scandal that ensued when the US Securities and Exchange Commission and US Justice Department made documents public alleging that the French telecommunications company paid bribes to employees of Telekom Malaysia in exchange -for non-public information.
Alcatel-Lucent paid US$137 million to settle charges that it bribed foreign government officials in Latin America and Asia.
Axiata Group was part of Telekom Malaysia at the time of the alleged bribes.
Axiata Group said it made the decision to lift the suspension after a thorough review, “which takes into consideration external agency reports on the institutionalization of policies, compliance structures and higher ethical standards throughout Alactel-Lucent Group".
Axiata is lifting the suspension from December 16 while Telekom Malaysia will lift it effective January 4.
The lifting of the ban will allow the vendor to bid for new tenders, sign contracts and form joint ventures with the two Malaysian companies and their associates. ®