Nokia Siemens Networks
News and overview for Nokia Siemens Networks
Nokia Siemens Networks to cut nearly 6,000 jobs - MarketWatch
MarketWatch | 18 days 8 hours 16 minutes ago
"Despite having fully achieved the original merger integration savings objectives of Nokia Siemens Networks, changes in the global economy and competitive environment make further cost reductions necessary," the company said.
Nokia Siemens may cut nearly 6,000 jobs - MarketWatch
MarketWatch | 18 days 12 hours 10 minutes ago
Nokia Siemens may cut nearly 6,000 jobs
Nokia Siemens Networks Targets Improved Financial Performance, Return to Growth
FierceWireless | 18 days 5 hours 59 minutes ago
Nokia Siemens Networks Targets Improved Financial Performance, Return to Growth Company Sets Goal to Reduce Annualized Operating Expenses and Production Overheads by EUR 500 Million by End 2011... Read more >>
Nokia Siemens Networks to lay off up to 5,700
Boston Globe, The | 18 days 6 hours 56 minutes ago
HELSINKINokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).
Bucking Industry Trend, TelcoTV09 Qualified Attendance Jumps 30 Percent [Press Release]
PRNewswire | 1 day 21 hours 34 minutes ago
...Jumps 30 Percent Rebookings Up for 2010 Event, Nokia Siemens Networks, Motorola, Occam Networks, Adtran and others...2010. Those supporting 2010 include, Occam Networks, Nokia Siemens Networks, Calix, EchoStar, Adtran, Hitachi Communication...
Nokia Siemens joins bid to buy Nortel optical unit
Toronto Star, The | 1 day 5 hours 55 minutes ago
Insolvent telecom equipment maker Nortel Networks Corp. started the auction for its optical networking and carrier ethernet business on Friday morning, with Nokia Siemens Networks joining the fray.
Nokia Siemens Networks To Lay Off Up To 5,700
NewsFactor Network | 4 days 14 hours 51 minutes ago
The company has been hard hit by waning demand in the recession and cited "changes in the global economy and competitive environment" for the cost cuts. It said it will also reduce overheads, expand its portfolio and consider acquisitions "where assets would add scale to existing product areas or customer relationships."
Nokia Siemens Networks targets improved financial performance, return to growth
FierceWireless | 18 days 9 hours 24 minutes ago
Espoo, Finland - November 3, 2009 Company sets goal to reduce annualized operating expenses and production overheads by €500 million by end 2011 compared to end 2009 Nokia Siemens Networks today... Read more >>
Nokia Q3 2009 Net Sales EUR 9.8 Billion, Non-IFRS EPS EUR 0.17 (Reported EPS EUR -0.15) [Press Release]
PRNewswire | 37 days 7 hours 42 minutes ago
HELSINKI, Finland, October 15 /PRNewswire-FirstCall/ -- Nokia Corporation
Nokia Siemens Bids for Nortel Assets
TheStreet.com | 2 days 13 hours 7 minutes ago
HELSINKI (TheStreet) -- Nokia Siemens Networks and private-equity firm One Equity Partners have jointly bid for Nortel's optical networking and carrier ethernet business, challenging Ciena's(CIEN Quote) bid of $526 million, a source familiar with the matter told Reuters.
Nokia Siemens Networks conducts LTE interoperability testing with four leading device vendors
FierceWireless | 22 days 8 hours 23 minutes ago
Dallas, Texas, USA - October 29, 2009 Further progress on the road towards commercial LTE deployment Nokia Siemens Networks is conducting end-to-end LTE interoperability testing with four leading... Read more >>
Nokia Siemens Networks cutting thousands of jobs worldwide
Helsingin Sanomat (Helsinki) | 17 days 11 hours 20 minutes ago
Employees fear losses of up to 1,000 jobs in Finland
Finnair finds new CEO from Nokia Siemens Networks
Helsingin Sanomat (Helsinki) | 9 days 9 hours 17 minutes ago
Mika Vehviläinen to take over at troubled national carrier from February 2010
Nokia reports $836 mln loss on equipment write-off - MarketWatch
MarketWatch | 37 days 12 hours 49 minutes ago
While Nokia now expects industry revenue to drop 5% instead of 10% this year, it expects worse market share in equipment.
Watch this Space: Nokia 5330 Mobile TV Edition Launched [Press Release]
PRNewswire | 5 days 9 hours 12 minutes ago
ESPOO, Finland, November 16 /PRNewswire-FirstCall/ -- Nokia
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Company Overview
| Company: | Nokia Siemens Networks |
|---|---|
| Industry: | Telecommunications Equipment |
| Website: | http://www.nokiasiemensnetworks.com |
Nokia Siemens Networks wants to prove that titans don't have to clash. The 50-50 joint venture (established in 2007) combines the telecom carrier operations of diversified manufacturer Siemens with the network business of communications giant Nokia making it the second-largest global maker of wireless gear behind Ericsson. With a product portfolio spanning both wireless and wireline network equipment, the company offers systems and managed service packages tailored for such applications as broadband access, IP transport, communications software, and wireless data transmission. Nokia Siemens' key clients have included US voice and Internet services provider Embarq and global wireless carrier T-Mobile.
Key Numbers
| Sales in U.S. Dollars (mil.) | 5,761.6 (2008) |
|---|---|
| One-year % Growth in Sales | 0.0 (2008) |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 60,295 (2008) |
| One-year % Growth in Number of Employees | 0.0 (2008) |
| Fiscal Year-End | December |