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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...

Huawei ‘Exceeded’ Expectations And Overcame Nokia Siemens Networks

According to ABI Research report, Wireless equipment vendors performed well in the fourth quarter of 2011 with Huawei exceeded expectations and overcame...

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....