How did the wireless industry perform in the third quarter of 2013? Check here throughout the third-quarter earnings report season for full earnings reports from the wireless industry's carriers,...
When Nokia completes the $7.2 billion sale of its struggling handset business to Microsoft in Q1 2014, its Nokia Siemens Networks (NSN) subsidiary will be able focus its attention on selling wireless infrastructure and emerging cloud-based service opportunities.
Nokia Siemens Networks is changing its name to mark the next chapter in its history as a fully owned Nokia company, but any employees hoping for a shiny new moniker will be disappointed. Meanwhile rumours suggest that a further 8,500 job cuts could be ahead for the vendor.
Nokia Siemens Networks said its recent tests of voice over LTE (VoLTE) services in a virtualized cloud environment verify end-to-end readiness of the technology.
Millions of smartphone and tablet customers are clamouring for faster mobile data services in Russia, making the country the next major battleground for network equipment vendors.
Iraq's Korek Telecom has selected Nokia Siemens Networks as its network partner as it prepares to launch mobile broadband services to improve on its existing GPRS and EDGE offerings.
Nokia Siemens Networks achieved a second-quarter 2013 operating profit of $10.48 million vs. an operating loss of $295.62 million during 2012's second quarter, but the infrastructure vendor recorded a 17 percent year-over-year decline in sales to $3.64 billion.
Huawei intends to spend more on research and development this year in a bid to win over clients from rivals such as Ericsson by offering more than just cheaper products, according to Huawei's head of R&D.
Nokia's $2.21 billion purchase of Siemens' 50 percent stake in their Nokia Siemens Networks joint venture is less than analysts had reportedly been expecting, leading many to conclude that Nokia got the share for a bargain. The questions multiply from there: Will owning the networks business inject enough strength into Nokia's balance sheet, and what will the long-term future of the business be?
While analysts have generally been positive about Nokia's purchase of Siemens' stake in Nokia Siemens Networks due to the improving performance of NSN and the opportunity for Nokia to benefit from operators' LTE network investments, the timing of the takeover raises some concerns about the impact of the investment on Nokia's bottom line.