Networking firms reveal JV plans

Telecom giants Nokia and Siemens are closing in on the launch of their networking joint venture with the firms unveiling product and branding strategy at 3GSM.

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By  Administrator Published  February 22, 2007

Telecom giants Nokia and Siemens are closing in on the launch of their networking joint venture with the firms unveiling product and branding strategy at 3GSM.

Delegates at last week's event, held in Barcelona, were told that the proposed portfolio for Nokia Siemens Networks would cover six business areas: radio access; service core and applications; operation support systems; broadband access; internet protocol (IP)/transport; and services.

CEO designate of the joint venture, Simon Beresford-Wylie, spoke at 3GSM about the importance of consolidation in order to drive towards its vision of having five billion ‘always on' broadband users connected by 2015.

"While Nokia Siemens Networks will have the scale to compete, we know that is just a starting point. As the world of telecommunications changes, we will also create customer value through innovation, speed and deep end-user insight," Beresford-Wylie said.

Based on current market share figures, Nokia Siemens Networks predicted it would be the second largest company in mobile infrastructure sector, the second largest in services, the third in fixed infrastructure and, overall, the third largest telecom infrastructure vendor in the world behind Alcatel-Lucent and Ericsson-Marconi.

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