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Wireless

Ericsson leads bids to buy NSN BSS unit - report

Tuesday 4 September 2012 | 08:54 CET | News
Ericsson is leading the race to acquire the business support systems unit of Nokia Siemens Networks, a person familiar with the matter told Dow Jones. The Swedish company is the front-runner in the process, which is in its second round, the source said. Other parties looking at the business include Amdocs. US bank Jefferies Group is advising Nokia Siemens Networks on the disposal, but declined to comment on the process. An internal memo seen by Dow Jones Newswires lists the systems support unit as one of several units that Nokia Siemens Networks had earmarked to be exited.

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Categories: Mobile & Wireless
Companies: Amdocs / Nokia Siemens Networks
Countries: World
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