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Articles tagged with: Nokia Siemens Networks and Motorola
Nokia Siemens Networks Wants to Change Terms of Motorola Assets Purchase
Nokia Siemens Networks is reportedly seeking to renegotiate the terms of its US$1.2 billion acquisition of Motorola Solution's wireless network assets. The company is facing difficulty getting approval from Chinese authorities and recently said that it would have to delay the completion of the transaction. It is also facing a legal challenge from Huawei in the USA over the Chinese vendor's prior agreements with Motorola. more
Huawei Gets Preliminary Injunction Against Motorola
Huawei says that it has been granted a preliminary injunction that prevents Motorola from transferring Huawei's confidential information to Nokia Siemens Networks. more
Related Tags: huawei, court, USA
China Delays Nokia Siemens Networks Buyout of Motorola Assets
Nokia Siemens Networks has announced that it now expects to complete its acquisition of the majority of Motorola's public carrier wireless network infrastructure assets in the first quarter of 2011. The company had expected, at the time the transaction was originally announced in July to complete closing activities by the end of 2010 but the transaction has not yet received regulatory approval from the Anti-Monopoly Bureau of the Ministry of Commerce of China, which is continuing its review process. more
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Huawei Offered Higher Bid for Motorola's Networking Assets - Report
Huawei is reported to have offered to pay more for Motorola's networking division than the price finally agreed to with Nokia Siemens Networks - but was forced to back away from the deal due to ongoing concerns within the USA about the Chinese company. more
Motorola Ratings Outlook Remains Negative Following Network Ops Sale
Fitch Ratings stated today that Motorola's debt ratings are unaffected by the proposed sale of its Networks division to Nokia Siemens Networks. The Rating Outlook remains Negative. Pro forma for the results of the recently concluded tender offer, Motorola's total debt was $4.9 billion, including the assumption of a fully drawn $1.5 billion revolving credit facility. more
Related Tags: fitch-ratings
Nokia Siemens Networks Pays $1.2 Billion for Motorola's Infrastructure Division
As leaked last week, Nokia Siemens Networks has now confirmed that it is paying US$1.2 billion to buy the majority of Motorola's wireless network infrastructure assets. Approximately 7,500 employees are expected to transfer to Nokia Siemens Networks from Motorola's wireless network infrastructure business when the transaction closes, including large research and development sites in the United States, China and India. more
Related Tags: research-and-development, wireless
Nokia Siemens Networks in Talks to Buy Motorola's Networks Business
Nokia Siemens Networks (NSN) is reported to be in talks to buy Motorola's network infrastructure arm in a deal that could be worth between US$1.1-$1.3 billion. Citing people familiar with the talks, the Wall Street Journal said that a deal could be reached within the next few weeks. more
Ericsson maintains leadership among network equipment vendors
Ericsson continued to strike a fine balance between growth and profitability in 2Q09, continuing its gradual migration to a services led approach to operator accounts. Both Alcatel-Lucent and Nokia Siemens also relied more heavily on services in 2Q09, but Ericsson continued to lead the industry in both infrastructure and services revenue, reports Technology Business Research (TBR). more
Related Tags: ericsson, nokia, 4g, droid
Indian telecom equipment beats downturn; grows 20% to nearly $25 billion
The Indian telecom equipment industry reported a 20% growth in revenues to comfortably cross the US$24 billion mark during FY 2008-09 compared to a 24% growth recorded in the previous financial year (2007-08). Indian trade magazine, Voice&Data said that the result was not surprising because despite overall economic slowdown, India has been witnessing over 10 million month-on-month new mobile subscriber additions, and telecom operators have been buying equipment to expand their networks. more
Related Tags: nokia, zte, ericsson, samsung, huawei, gsm, 3, siemens, infosys, 3g-licenses, nokia-siemens, alcatel, play, security, nokia,, India
Global Wireless Infrastructure Revenues Declined 22.4% YoY in Q1 2009
The global wireless BTS infrastructure market revenues declined by 22.4% for the first quarter of 2009 to US$9.8 billion compared with the first quarter of 2008, according to the latest report from EJL Wireless Research. more
Related Tags: alcatel-lucent, ericsson, nortel-networks, zte, motorola,
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