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Fitch: Nokia’s NSN timings “problematic”

Ratings agency Fitch said the timing of Nokia’s acquisition of Siemens’ stake in the Nokia …

Nokia Head Offices

Nokia buys out Siemens in €1.7B NSN deal

Nokia has struck a €1.7 billion deal with Siemens to take full ownership of Nokia …

Siemens CFO indicates NSN exit likely in 2013

Siemens is likely to exit the Nokia Siemens Networks (NSN) joint venture this year, a …

NSN bullish in a “flat” mobile broadband market

Nokia Siemens Networks (NSN) chairman Jesper Ovesen (pictured) expects the mobile broadband market to be relatively flat …

WiLAN makes Siemens patent buy

Canadian patent licensing company WiLAN acquired a portfolio of more than 40 patents and applications …

Nokia denies Siemens looking for new NSN chief

Nokia has denied that Siemens, its partner in the Nokia Siemens Networks infrastructure joint venture, is on the hunt for a new CEO

Report: NSN secures EUR1.2B loan to cover restructure

Infrastructure provider Nokia Siemens Networks (NSN) has secured a loan of around EUR1.2 billion to fund a major business restructure and to cover the costs of its significant redundancy programme

NSN CEO: Expect no more cash from Nokia and Siemens

The CEO of Nokia Siemen Networks (NSN) has warned that the mobile phone network equipment maker should not expect any more investment from parent companies Nokia and Siemens

NSN to cut workforce by 23%

Troubled infrastructure vendor Nokia Siemens Networks has announced plans to cut its workforce by 17,000, a huge 23 percent reduction of its global headcount. The company aims to trim staff numbers to 57,000 by the end of 2013. “As we look towards the prospect of an independent future, we need to take action now to improve our profitability and cash generation,” said CEO Rajeev Suri in a statement. “These planned reductions are regrettable but necessary.”

NSN ends private equity talks

Nokia Siemens Networks (NSN) said that it has completed a review of private equity interest in the company and has decided that it would not be receiving investment from an outside party.