NSN to sell optical networks business to focus on mobile

Monday 3 December 2012 | 10:35 CET | News
Nokia Siemens Networks has reached an agreement to sell its optical networks business to US-based Marlin Equity Partners in a move which would see the unit being established as an independent company. While NSN did not disclose the agreement's financial terms, it said the divestment was intended to enhance NSN's strategic focus on mobile broadband and to give the optical networks business the resources and flexibility to address market opportunities. Marlin plans to form a new company headquartered in Munich, Germany, with worldwide operations. It will be led by NSN's optical network

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Categories: Fixed
Companies: Nokia Siemens Networks
Countries: Germany / World
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