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That didn't take long -- just hours after Bloomberg reported that Nokia was planning to buy out its German partner, the two firms have made it official: Nokia Siemens Networks is about to become a fully owned subsidiary of Espoo. The €1.7 billion ($2.2 billion) buyout will eventually see the...

July 1st 2013 at 12:23am 0 Comments
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According to Bloomberg, Sprint is considering pulling the plug on its partnership with Lightsquared as early as next week. Philip Falcone's burgeoning enterprise was subject to a March 15th deadline to gain approval for a nationwide LTE network, but that was shot down by the FCC last month. The co...

March 7th 2012 at 10:31am 0 Comments
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Nokia Siemens Networks has just announced a new global restructuring initiative that will result in the loss of a whopping 17,000 jobs. According to a statement released today, the company will "realign its business to focus on mobile broadband (including optical), customer experience managemen...

November 23rd 2011 at 7:32am 0 Comments
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It's easy to shrug off technical achievements like this while real-world data speeds still lag so far behind. Nevertheless, the adrenalin junkies at Nokia Siemens Services insist their latest HSPA+ platform will be commercially available to carriers by the end of next year and, to prove it actual...

September 27th 2011 at 5:04pm 0 Comments
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A lot of marriages hit rough patches from time to time, and it's no different for companies and their shareholders. The last three months have likely been especially tumultuous for Nokia Siemens Networks as it played the field, conducting a review to assess potential private equity interest. In t...

July 16th 2011 at 9:01am 0 Comments
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Well it appears the big dreams of the Nokia / Siemens joint-venture have gone adrift. WSJ reports the parent companies are mulling options to sell a majority stake in Nokia Siemens Networks. While both Nokia and Siemens insist they're not actively seeking suitors, leadership suggests the deal could...

April 20th 2011 at 8:17pm 0 Comments