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| Nokia Siemens to acquire Nortel?s LTE and CDMA assets |  Canada-based Nortel, once North America?s largest telecommunications equipment manufacturer, filed for bankruptcy in January 2009 after a turnaround effort failed. As part of its bankruptcy proceedings, Nortel will sell its LTE and CDMA assets to Nokia Siemens for a cool $650 million. The acquisition will improve Nokia Siemen?s position in both North America and the [...] [..] Read complete article |  | Published 20-Jun-2009 by Kelly Hodgkins in CDMALTENewsPress ReleaseWirelessbankruptcyCanadaNokia SiemensNortelNorth America
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| Nokia, Siemens bail on effort to sell Nokia Siemens Networks |  Nokia and Siemens have given up efforts to sell Nokia Siemens Networks, Reuters reported on Wednesday. The firms had been trying to sell the joint venture, which has had troubles reporting a profit, for the past year. “The timing for selling the unit could hardly have been worse; there are clear signs from companies like LG and ASML of European handset market descending into a slump and sell [..] Read complete article | | Published 13-Jul-2011 by Todd Haselton in
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| Nokia Siemens Networks lays off 1,500 employees | | Nokia Siemens Networks announced on Friday that it will begin to layoff 1,500 of its employees. The affected staff are part of its WiMAX and GSM divisions, and a spokesperson told Reuters that many of the employees were originally brought on as part of NSN’s infrastructure purchase from Motorola. In March, Nokia Siemens Networks tried to renegotiate the $1.2 billion deal with Motorola to lea [..] Read complete article | | Published 05-Aug-2011 by Todd Haselton in Mobile1500cutsemployeeslayoffsMotorolaNokiaNokia SiemensNokia Siemens NetworksNSNSiemens
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| Nokia Siemens Networks to lay off more than 4,000 workers in Europe | | Nokia Siemens Networks recently announced that it will cut as many as 1,200 jobs in Finland and lay off another 2,900 workers in Germany as it begins to restructure the company. Both Nokia and Siemens originally tried to sell the joint venture, which has struggled to report a profit, but gave up those plans this past summer. The move is expected to save ?1 billion per year, Reuters said Tuesday. N [..] Read complete article | | Published 31-Jan-2012 by Todd Haselton in BusinessMobileFinlandGermanylay offsNokiaNokia Siemens NetworksNSNrestructuringSiemens
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| Nokia Siemens Networks looking to renegotiate $1.2B Motorola deal |  Nokia Siemens Networks is trying to renegotiate a $1.2 billion network infrastructure assets purchase from Motorola, according to sources speaking to Bloomberg. In an effort to please Chinese authorities, which have delayed the purchase due to antitrust concerns, Nokia Siemens Networks is seeking to leave Motorola Solutions’ GSM unit out of the purchase, and adjust the deal accordingly. Chin [..] Read complete article | | Published 16-Mar-2011 by Todd Haselton in
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| Nokia Siemens to slash 17,000 jobs by 2013 in restructuring move |  After Nokia and Siemens failed to sell Nokia Siemens Networks, the joint venture announced on Wednesday that it will cut 17,000 jobs around the globe by 2013 as part of a restructuring move that will focus on services and mobile broadband. “Our goal is to provide the world?s most efficient mobile networks, the intelligence to maximize the value of those networks, and the services capability [..] Read complete article | | Published 23-Nov-2011 by Todd Haselton in BusinesslayoffsNokiaNokia Siemens NetworksRestructureSiemens
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| Mysterious dual-sliding CDMA handset from Nokia checks in with the FCC |  It looks like Nokia has something pretty interesting planned for the US market as an FCC filing has revealed a mysterious dual-sliding CDMA handset. Featuring what appears to be a 3 megapixel camera on the rear in addition to a microSD slot and 3.5mm headphones, the device supports EV-DO Rev. A connectivity along with Bluetooth [...] [..] Read complete article | | Published 20-Apr-2009 by Michael Bettiol in CDMAEV-DOHandsetsNokiaRumors3 megapixelA2DPBluetoothdual-sliderFCCFMNseriesrev aslider
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| Mysterious dual-sliding CDMA handset from Nokia checks in with the FCC | | It looks like Nokia has something pretty interesting planned for the US market as an FCC filing has revealed a mysterious dual-sliding CDMA handset. Featuring what appears to be a 3 megapixel camera on the rear in addition to a microSD slot and 3.5mm headphones, the device supports EV-DO Rev. A connectivity along with Bluetooth [...] [..] Read complete article | | Published 20-Apr-2009 by Michael Bettiol in CDMAEV-DOHandsetsNokiaRumors3 megapixelA2DPBluetoothdual-sliderFCCFMNseriesrev aslider
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| Nokia owes Romania $10 million; tax authorities seize assets |  Nokia’s local assets were seized by Romanian tax authorities on Friday after it was revealed the company’s Romania-based subsidiary owes the government $10 million, Bloomberg said Friday. ?We decided to seize the assets as a precautionary measure to prevent Nokia from selling them before they pay their debt to the state,? head of Romania’s tax authority Sorin Blejnar said. ?This [..] Read complete article | | Published 11-Nov-2011 by Todd Haselton in BusinessLegal$10 milliondebtNokiaRomaniatax
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Hello, Guest
Online: 74 visitors
By Kelly Hodgkins
This morning, Nokia Siemens announced that it would acquire $1.2 billion in network infrastructure assets from telecom giant Motorola. As the press release states: “Motorola’s networks infrastructure business provides products and services for wireless networks, including GSM, CDMA, WCDMA, WiMAX… [..] 
