Nokia Siemens Networks
News and overview for Nokia Siemens Networks
Nokia Siemens Networks to cut nearly 6,000 jobs - MarketWatch
MarketWatch | 18 days 16 hours 4 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 19 hours 58 minutes ago
Nokia Siemens may cut nearly 6,000 jobs
Nokia Siemens Networks Targets Improved Financial Performance, Return to Growth
FierceWireless | 18 days 13 hours 47 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 14 hours 44 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 | 2 days 5 hours 22 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 13 hours 43 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 | 3 days 22 hours 39 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 17 hours 12 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 15 hours 30 minutes ago
HELSINKI, Finland, October 15 /PRNewswire-FirstCall/ -- Nokia Corporation
Nokia Siemens Networks cutting thousands of jobs worldwide
Helsingin Sanomat (Helsinki) | 17 days 19 hours 8 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 17 hours 5 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 20 hours 37 minutes ago
While Nokia now expects industry revenue to drop 5% instead of 10% this year, it expects worse market share in equipment.
Nokia Siemens Networks conducts LTE interoperability testing with four leading device vendors
FierceWireless | 22 days 16 hours 11 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 Bids for Nortel Assets
TheStreet.com | 2 days 20 hours 55 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 Continues to Streamline its R&D Operations [Press Release]
PRNewswire | 1 day 14 hours 52 minutes ago
ESPOO, Finland, November 20 /PRNewswire-FirstCall/ -- Nokia plans to align its research and development (R&D) operations in Finland and Denmark to be in line with the company's focused portfolio of future products. The planned changes are expected to affect up to 230 employees at Nokia's Oulu site in Finland and approximately 100 employees at Nokia's Copenhagen site. The total number would represent approximately 2 % of Nokia's R&D personnel globally.
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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 |