Phone Scoop

printed December 1, 2015
See this page online at:

Home  ›  News  ›

Nokia and Siemens Abandon NSN Sale Efforts

Article Comments  

Jul 13, 2011, 9:30 AM   by Eric M. Zeman   @phonescooper

Reuters today reports that Nokia and Siemens have given up on attempts to sell an equity stake in their Nokia Siemens Networks joint venture. The companies have held talks with various private equity firms over the course of the last 12 months, but they were never able to reach an agreement amenable to all the parties involved. In a statement issued by Nokia and Siemens, the parent businesses said they will continue to support the venture and inject more cash to bolster its strength. Separately, Siemens indicated that it hopes to exit the venture eventually.

more info at Reuters »



This forum is closed.

This forum is closed.

No messages

Page  1  of 1

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram


All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.