Ericsson and Vonage have given themselves another 3 months to close their deal whilst US authorities are clearly taking a close look at further revelations about Ericsson wrongdoing.
Swedish prosecutors have announced they are investigating Ericsson’s activities in Iraq, including suspected payments to Islamic State.
The actions and inaction of two more senior Swedish telecoms execs are analyzed in the second part of this series on corruption.
Suspicion surrounds Ericsson because promises to be ‘transparent’ about corrupt business practices have so obviously been broken.
Ericsson’s billon-dollar settlement of corruption charges with the US DoJ and SEC may be invalidated by revelations of more wrongdoing that was not previously disclosed.
An internal investigation by the network manufacturer suggests they avoided Iraqi Customs by using roads controlled by ISIS.
A risk analysis for Germany’s Federal Cyber Security Authority found ‘medium to high’ risks for many O-RAN interfaces and components.
The Network Equipment Security Assurance Scheme (NESAS) is meant to provide a “security assurance framework” for vendors.
The US Department of Justice has detailed some of the eye-watering amounts spent on bribes to win contracts from governments and telcos in China, Indonesia, Vietnam, Djibouti and Kuwait.
The leading network vendor believes they have violated US anti-corruption laws and will need to pay USD1bn in fines as punishment for how their staff did business in six countries.