Saudi delays benefit British firms

Project delays on a massive network infrastructure investment in Saudi Arabia could mean a bonanza for British firms specialising in fibre optic engineering. Telephone Expansion Project-6 (Tep-6), a $1bn network upgrade commissioned by Saudi Arabia’s Ministry of Posts and Telecommmunications, has run into serious delays because of labour problems. At halfway into the six-year contract, […]

Project delays on a massive network infrastructure investment in Saudi Arabia could mean a bonanza for British firms specialising in fibre optic engineering.

Telephone Expansion Project-6 (Tep-6), a $1bn network upgrade commissioned by Saudi Arabia’s Ministry of Posts and Telecommmunications, has run into serious delays because of labour problems.

At halfway into the six-year contract, Lucent Technologies, the network installation company spun off from AT&T last year, has missed key dates on major logistics targets and network fibre installation.

It is in danger of running up massive bills for overunning these targets.