Data center prospects dim for Huawei, ZTE as Cisco bolts amid U.S. security probe
Oct. 9, 2012
Cisco CEO John Chambers emphasized in a Fox Business report that Cisco doesn't "tolerate any direct or indirect" sales of its equipment to U.S. embargoed countries such as Iran.
As reported by FierceTelecom's Barthold, "the stories also fueled investigations by the U.S. Commerce Department, the U.S. House of Representatives and the FBI into allegations that the general counsel at ZTE's Texas-based subsidiary 'plotted a cover-up, including possibly shredding documents,' a Fox Business story said." Cisco CEO John Chambers declined to discuss details of the company's investigation, but did emphasize to Fox Business that Cisco doesn't "tolerate any direct or indirect" sales of its equipment to embargoed countries "and when that occurs, we step up and deal with it very firmly, so I think you can assume that you will not see that happen again."
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