Nokia's $7.2B handset sale could create cloud opportunities for NSN

When Nokia completes the $7.2 billion sale of its struggling handset business to Microsoft (Nasdaq: MSFT) 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. Under the new company structure, the new Nokia will maintain a number of key assets: NSN; HERE, its location and mapping business; and Advanced Technologies, its R&D arm, which also manages Nokia's patent portfolio. Read more at FierceBroadbandWireless

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceTelecom!

The Telecom industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceTelecom as their must-read source for the latest news, analysis and data on the intersection of telecom and media. Sign up today to get telecom news and updates delivered to your inbox and read on the go.