Bolivia, Chinese telecommunications supplier fined

Posted on December 25, 2010 • Filed under: Bolivia, Business, Economy

Bolivia has fined Chinese telecommunications equipment supplier Huawei $8 million for breach of contract, officials said. Public Works Minister Walter Delgadillo said Bolivian state telecommunications provider Entel collected on Huawei’s performance bond after the Chinese company failed to install equipment on schedule, Fides radio reported Tuesday on its web site. Read Article

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