Cisco, Alcatel Chafe at 'Buy American' Mandate in Stimulus Plan
Submitted: June 10, 2009 - 8:29pm
Originally published: June 10, 2009
Last updated: June 10, 2009 - 8:30pm
Originally published: June 10, 2009
Last updated: June 10, 2009 - 8:30pm
Source:
Bloomberg
Authors:
Mark Drajem Todd Shields
Cisco Systems and Alcatel-Lucent want "Buy American" provisions waived for a $7.2 billion US program to expand high-speed Internet access, saying the rules are difficult to meet and undermine the economic stimulus program. Requiring US-made parts would be "grossly inefficient" and a "radical departure" from normal markets, said Cisco, the largest maker of networking equipment. "We're talking about technologies that are no longer made in the United States," said Alcatel-Lucent's John Marinho.
Links to Sources
- Login or register to post comments
- Email this page
Ratings
Recommendation:
Informative:
Accuracy:
Login to rate this headline.
