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Tag Archives: Nokia Siemens Network

S&P Cuts Nokia Rating To B+ From BB-, Cites Siemens Buyout Concerns

We reported earlier this week that Nokia and Siemens had entered into a definitive agreement in which Nokia will takes full control of Nokia Siemens Network...

Nokia To Fully Acquire Siemens Stake In Nokia Siemens Network For $2.2 Billion

Nokia and Siemens today announced the duo have entered into a definitive agreement in which Nokia will takes full control of Nokia Siemens Network after...

Nokia Siemens Networks To Raise About $930 Million From Public Markets

With the report published by The Financial Times (via Reuters) citing people familiar with the plan, the Nokia Siemens Network (NSN) planning to tap markets...

Ericsson To Purchase Nokia Siemens Network BSS Unit

Dow Jones Newswires reported Monday that Ericsson is in pole position to buy the business support systems (BSS) unit of rival Nokia Siemens Networks (NSN)....

Nokia Siemens Network Opens Plant In Brazil

Nokia Siemens Networks, a joint venture between Nokia and Siemens, opening up an assembly line in Brazil so as to build next generation mobile phone networks,...

Nokia Siemens Network Aiming For 35 Percent Of Brazil 4G Network

Nokia Siemens Networks (NSN) head of Latin American Board said Wednesday that the company aims more on Brazil 4G network, about third of total i.e. 35...

Nokia Siemens Networks CTO: We Have To Pay A Mere $1 Per Day For A Gigabyte Of Mobile Data In 2020

In 2020 i.e. eight years from now, for the data we used, we might be paying just $1 per day for that – isn’t it is interesting – that’s what Nokia...

Siemens CFO Blasts Over NSN 3,000 German Job Cut Plan

Over the way Nokia Siemens cutting the jobs in Germany, Siemens finance Chief Joe Kaeser has blasted the way joint venture between Nokia and Siemens –...

Siemens Reportedly Looking Out For Nokia Siemens Networks, Alternative To The Current CEO Rajeev Suri

Siemens is looking out for a new Chief Executive for its Nokia-Siemens mobile phone network equipment joint venture – Nokia Siemens Networks (NSN). NSN is a 50-50 joint venture with partner Nokia. According to Sibylle Wenkel, Siemens supervisory board member, “Siemens finance director Joe Kaeser has been looking around for an alternative to the current CEO Rajeev...

Nokia Siemens Network Raises 1.2 Billion Euros Loan

According to a report, Nokia Siemens Network (NSN) is successful in raising more than 1.2 billion euros from a group of 14 U.S. and European banks. Actually amount the group was seeking is 1.5 billion euros, but market turmoil results in settling them to a smaller amount. The joint group needed the amount to restructure its business and pay costs of a big redundancy....