Tag archive: Nokia Siemens

Nokia Siemens Networks has announced the company plans to cut some 17,000 jobs—about 23 percent of its global workforce—by the end of 2103 in a move to cut the company's expenses by more than €1 billion (about US$1.35 billion). Although the company hasn't released many details of its plan, it says in addition to job cuts, it will beging to outsource services and undergo a “significant reduction” of suppliers in order to… Read More

Mobile technology giants Huawei and Motorola have issued a joint statement indicating they have reached an agreement that puts an end to all currently legal disputes between the companies. Most significantly, the agreement will see Motorola paying Huawei an undisclosed amount to transfer its commercial mobile technology licensing agreements to Nokia Siemens. Motorola will also be dropping its suit against Huawei claiming the company had… Read More

Motorola has been trying to sell its mobile networking equipment business—basically, the stuff that makes cell towers operate—for the better part of a year, as part of a $1.2 billion deal announced last July. But the acquisition has been blocked by protests from Chinese networking gear maker Huawei, which sued to block the deal (and won an injunction) claiming the sale would illegally transfer Huawei technology to Nokia Siemens.… Read More

China's Huawei has won a preliminary injunction that blocks technology giant Motorola from transferring particular mobile phone networking technology to Nokia Siemens in a $1.2 billion deal that's been percolating for the better part of a year. Back in July 2010, Motorola announced a plan to sell its mobile phone networking gear business to Nokia Siemens; however, after months of back and forth, China's Huawei sued to block… Read More

China's Huawei Technologies has filed suit against Motorola (PDF), claiming Motorola's plan to sell its cell phone networking gear business to Nokia Siemens will illegally transfer Huawei technology to Nokia Siemens. Huawei says Motorola is failing to protect Huawei's technology during the acquisition, and claims the disclosure will cause them irreparable harm. Huawei wants the court to block the Nokia Siemens deal in order… Read More

At this year's Broadband World Forum event in Paris, Nokia Siemens Networks announced that it has successfully tested a new “Phantom DSL” technology that can bring massive broadband to ordinary bonded copper wiring—the kind that carries plain old telephone services to millions of homes around the world. According to the company, the technology managed transmission bandwidth of 825 Mbps per second over 400 meters of… Read More

Behind all the cell phones and mobile-enabled gadgets folks use these days are substantial telecommunications networks supporting all those devices…and someone has to make all that infrastructure so consumers can watch YouTube clips of kittens wherever they may be. One of those companies was Motorola…but not anymore. Nokia Siemens, a Finnish-German joint venture, has announced it will be buying Motorola's cell phone… Read More

Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million). The mobile network equipment maker — a joint venture between Finland's Nokia Corp. and Siemens AG of Germany — said it will reduce its five business units to three by January, and strengthen its business through partnerships and acquisitions. The savings program could include cutting 7… Read More

The world's largest mobile phone maker Nokia has posted its financial results for the third quarter of 2009. On one hand, the news isn't all that bad: the company had net sales of €9.8 billion for the quarter, which is no small amount of money. But on the other hand, the company saw a 20 percent nosedive in sales of its smartphone products and has been forced to write down its Nokia-Seimens joint venture by €908 million. And that… Read More