Nokia Siemens completes takeover of Motorola networks

Friday 29 April 2011 | 15:26 CET | News
Nokia Siemens Networks has completed the acquisition of the Motorola networks business from Motorola Solutions for USD 975 million. As of 30 April, responsibility for supporting networks based on Motorola's GSM, CDMA, WCDMA, Wimax and LTE equipment transfers to Nokia Siemens Networks. This includes contracts with 50 operators in 52 countries, as well as the transfer of 6,900 employees to NSN. The acquisition strengthens Nokia Siemens Networks' position in key regions, particularly North America and Japan, as well as with some of the world's major service providers. Based on revenue, the

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Categories: Mobile & Wireless
Companies: Huawei China / Motorola Solutions / Nokia Siemens Networks
Countries: World
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