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Tag: siemens
Nokia to buy Siemens' stake in NSN
2013-07-01 08:39:29| BBC News | Business | UK Edition
Nokia agrees to buy Siemens' 50% stake in their joint venture, Nokia Siemens Networks (NSN), for 1.7bn euros ($2.2bn; 1.5bn).
Nokia buys network operations from Siemens
2013-07-01 08:30:17| Wireless - Topix.net
Nokia says it will buy Siemens' half of their joint network operations in a a 1.7 billion deal.
Tags: network
operations
nokia
siemens
Nokia to pay EUR 1.7 bln for rest of Nokia Siemens Networks
2013-07-01 07:37:00| Telecompaper Headlines
(Telecompaper) Nokia has entered into a definitive agreement to pay EUR 1.7 billion to buy Siemens' 50 percent of mobile network equipment joint venture Nokia Siemens Networks. The transaction includes EUR 500 million borrowed from Siemens, to be paid back a year after completion. The operation has been approved by the two companies' boards and is expected to close before the end of September. Nokia plans to keep existing management and will announce the subsidiary's new name at closing. Siemens will continue to concentrate on its core areas, which no longer include telecom.
Nokia Said to Buy Siemens Stake in Wireless Gear Joint Venture
2013-07-01 03:35:32| Industrial Machines - Topix.net
Nokia Oyj has agreed to buy Siemens AG's stake in the companies' telecommunications-equipment joint venture, according to three people familiar with the situation.
Nokia buys Siemens' NSN stake for 1.7bn
2013-07-01 02:00:00| Total Telecom industry news
Rajeev Suri to stay on as equipment maker's CEO; Nokia to phase out 'Siemens' part of brand.
Tags: nokia
siemens
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stake
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