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Wednesday, January 19, 2011

Alcatel-Lucent may be out from Singapore's network broadband project

The Australian, 20 Jan 2011The Australian has learned that network equipment maker Alcatel-Lucent is facing a multi-million-dollar penalty as it attempts to finalise a settlement with the network operator of Singapore's $S6bn ($4.7bn) broadband network to allow it to walk out on a seven-year contract to supply systems used to sign up new customers, process bills and collect payments. Full