Home › News ›

Nokia Siemens Networks' Future Undecided

Article Comments

Apr 14, 2011, 7:46 AM by Eric M. Zeman

Nokia Siemens Networks' parent companies, Nokia and Siemens, are mulling plans for the joint venture's life after their current contract expires in 2013. According to sources cited by the Wall Street Journal, they are weighing the possibility of selling a 51% stake in the company to private equity firms. "Our parent companies have stated their commitment to Nokia Siemens Networks, whilst exploring the possibility of private equity taking a stake in the company," a NSN spokesperson said. A Nokia spokesperson said that they are not seeking to sell the entire company. Nokia Siemens Networks has struggled in recent quarters, and is a burden to both parent companies. It has not achieved its primary goal, which was to become a major player in the U.S. market. No final decisions have been made.

Related

iPhone 14 Plus Offers a Big Screen For Less

Sep 7, 2022
Apple has revealed the iPhone 14 series, with new features, improved specs, and new size options. In place of a Mini option, the iPhone 14 will come in the same 6.1-inch and 6.7-inch screen size options as the Pro models.

Asus Brings ZenFone 8 to US

Jun 29, 2021
Asus today launched the ZenFone 8 in the US for an introductory price of $600. The phone is available now from Asus' web site with 8 GB RAM and 128 GB built-in storage.

Jabra's New Earbuds Blend Mics With Bone Conduction for Better Call Quality

Aug 31, 2021
Jabra today unveiled a new lineup of three true wireless earbuds: the top-end Elite 7 Pro, the Elite 7 Active for workouts, and the affordable Elite 3. The Jabra Elite 7 Pro build on the popular and well-reviewed Elite 75t, but are 16% smaller and add Jabra MultiSensor Voice.

iPhone 13 Upgrades Cameras, Displays

Sep 14, 2021
Apple today announced the iPhone 13 series. All models feature improved battery life, display, cameras, and processor.

Apple Intros 3rd Generation AirPods

Oct 18, 2021
Apple today launched a completely redesigned version of AirPods. The new AirPods 3rd Generation have longer battery life, Spatial Audio (including Dolby Atmos), and a new driver for better sound quality.

more news about:

Comments

This forum is closed.

This forum is closed.

No messages

Page 1 of 1