back to article Cisco, Huawei, Ericsson on the hook for Philippine telco's $880M overspend

Cisco, Huawei, and Ericsson have all been asked to take a hit after a Filipino telco blew its budget by a whopping $880 million and blamed it on bad procurement processes. This story starts in late 2022 when Filipino telco PLDT issued a press release describing the success of a multi-year program to transform its core networks …

  1. Pascal Monett Silver badge

    "Few businesses can endure [..] $880 million of unplanned expenditure"

    If the Prime Minister loks at that the first thing he thinks is "Pff, amateurs".

  2. nijam Silver badge

    > ...blamed it on bad procurement processes.

    The larger the organisation, the worse the procurement process, as a generalisation.

    1. NeilPost Silver badge

      Procurement as a ‘Profit Centre’ is always bad.

  3. RichardBarrell

    Small potatoes

    They'll be amortising this stuff over decades. It sounds like a big number but a 20% cost overrun is nothing in an infrastructure project.

    I am very doubtful of the implicit assumption that the project wouldn't have had this overrun if the procurement process had been followed to the letter.

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