NSN to sell Open Network Transport group

Nokia Siemens Networks is selling its Open Network Transport operation to Belgian private equity firm GIMV for an undisclosed amount of money. The transaction is expected to close during the second quarter.

For more:
- see this press release

Suggested Articles

Highlighted by growth in its number of broadband subscribers, Comcast's net profit in the fourth quarter increased by 26%.

Amazon has filed a motion that seeks to pause Microsoft's work on the Pentagon's $10 billion cloud contract until a court rules on its protest.

Vodafone Group and Sunrise announced a partnership that allows Sunrise's enterprise customers to tap into Vodafone's business services.