Madshrimps Forum Madness

Madshrimps Forum Madness (http://www.madshrimps.be/vbulletin/)
-   WebNews (http://www.madshrimps.be/vbulletin/f22/)
-   -   Creative Sues Huawei Over Failed Contract (http://www.madshrimps.be/vbulletin/f22/creative-sues-huawei-over-failed-contract-84791/)

Stefan Mileschin 28th February 2012 07:14

Creative Sues Huawei Over Failed Contract
 
Singapore's Creative filed a lawsuit against Chinese company Huawei for US $9.3 million, for the latter's failure to honour a WiMAX broadband project for which it was paid. Creative's subsidiary QMax Communications paid Huawei the amount ($9.3 million) in 2010, for setting up WiMAX infrastructure in Singapore. Creative's Q2 FY'12 financial statement, released earlier this month, stated "QMax has suspended the wireless broadband project as the vendor for the equipment has failed to deliver on the key network performance requirements set out in the relevant supply contract."

http://www.techpowerup.com/161293/Cr...-Contract.html


All times are GMT +1. The time now is 20:27.

Powered by vBulletin® - Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO