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Nokia And Siemens Ag

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Nokia Siemens mulls selling stake

Nokia Siemens Networks, a provider of fixed and wireless telecom gear, is exploring options to sell a controlling stake in the firm, which could be worth about $2 billion, says a media report.The......

Nokia Siemens Networks may cut 5,760 jobs

Telecom infrastructure provider Nokia Siemens Networks may slash 5,760 jobs worldwide, as the entity undertakes cost cutting measures. The company, a joint venture between Finnish cell phone maker......

Siemens to divest stake in network arm

Power systems major Siemens, the Indian subsidiary of German Siemens AG, has decided to divest its 100 per cent stake in Siemens Public Communication Networks, Bangalore, to its joint venture......

Nokia to buy out Siemens equipment venture; shares surge

Nokia shares surged on Monday after it announced plans to buy out partner Siemans AG's share of their valuable network equipment joint venture, betting on the technology to run 4G networks after it......

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