India Forbids Overseas Suppliers in Optical Fiber Bidding
Jan 21, 2013 (SinoCast Daily Business Beat via COMTEX) --
Because equipments required by India's national optical fiber networks must be totally manufactured locally, most major suppliers of telecom infrastructures have been shut out from a short list.
It is said that Ericsson (NASDAQ: ERIC), Nokia Siemens Networks (NSN), Alcatel-Lucent (NYSE: ALU), Huawei Technologies Co., Ltd., ZTE Corporation (SZSE: 000063, SEHK: 0763), etc have all been shut out by Indian's Department of Telecom (DoT) from a list of suppliers qualified for a project concerned with the construction of gigabit passive optical network (GPON).
However, the practice of the DoT is opposed by some overseas suppliers. A telecom equipment supplier has warned that the stipulation of the DoT will cause a price rise, because the price of GPON equipment purchased locally is 22% higher than that of a similar imported product at present.
Source: www.c114.net (January 21, 2013)
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