Bloomberg News

Axiata Lifts Tender Suspension Against Alcatel-Lucent Companies

December 16, 2011

Dec. 16 (Bloomberg) -- Axiata Group Bhd., Malaysia’s largest mobile-phone operator by market value, lifted a group- wide suspension against Alcatel-Lucent participating in tenders.

This takes into account “satisfactory evidence and assurances from Alcatel-Lucent group that it has improved its policies and implemented enforceable measures to prevent a recurrance of any improper acts,” Axiata said in a Kuala Lumpur exchange filing today.

Link to Statement:{NSN LWAHCV3TYW3K <GO>}

To contact the editor responsible for this story: Barry Porter at bporter10@bloomberg.net


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