0.4 min read

By SubTel Forum

Telecoms.com is reporting that Franco-US vendor Alcatel Lucent (ALU) is to award a compensation payment of NZ$100m (US$72.8m) to incumbent player Telecom over the poor performance of the ‘XT’ 3G network it delivered to the carrier, and operates on its behalf. ALU CEO Ben Verwaayen has been visiting New Zealand over the last week and the deal was understood to have been struck during his meetings with Telecom.

Click here to read the article.

Published On: May 11, 2010
Mail Icon

news via inbox

Sign up to get the latest updates straight to your inbox!

Share This Story, Choose Your Platform!