Nov 14 2006
Nokia and Siemens to form Nokia Siemens Networks
Posted by: Vlad Balan in Nokia, Siemens, Special
Nokia and Siemens announced plans to combine Nokia's Networks business group and Siemens' carrier-related operations for fixed and mobile networks to form a new company called Nokia Siemens Networks.
The new company, with 2005 calendar year pro forma revenues of EUR 15.8 billion, is uniquely positioned to deliver compelling customer benefits with a comprehensive portfolio of products and solutions for the converging telecommunications market.
Nokia and Siemens continue to expect that the operations of the new company will start in January 2007.
Via MTN.
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