NSN may consider an IPO in the medium term

11/19/2010 | Reuters · Wall Street Journal, The

Nokia and Siemens might offer an initial public offering on their joint telecom-equipment venture, Nokia Siemens Networks, an executive told journalists. "If everything continues to develop well, an IPO of NSN is possible in the medium term," said Siemens Chief Financial Officer Joe Kaeser. He also reiterated earlier comments that the company may seek additional financial investors, preferably a firm with a telecom background.

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