NSN becomes Nokia Solutions and Networks

NSN becomes Nokia Solutions and Networks

9th of August 2013, 09:31

"Nokia Siemens Networks (NSN) will now be known as Nokia Solutions and Networks, following completion of Nokia’s €1.7 billion acquisition of Siemens’ 50 per cent stake in the joint venture company (...).

The Siemens name will be phased out from the network vendor’s name and branding but the company will continue to be referred to as NSN for financial reporting purposes.

The company reaffirmed its focus on mobile broadband, and emphasised that the ownership change brings “further stability, clarity and confidence in the future”.

“While our name and brand have changed, I would like to emphasise that our overall strategy and our focus on mobile broadband remain the same,” said Rajeev Suri, who continues as NSN’s CEO."

Source: Mobile World Live

 

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