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Economic Times | December 23, 2010
LA PAZ: 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.
Huawei was under contract to build radio base stations to cover additional population areas and it has not fulfilled those obligations, Delgadillo was quoted as saying.
EFE also received confirmation of the fine from Entel.
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