Disqus
At present, Nokia and Siemens are two different entities. They have individual approval for trading and manufacturing in India. While Nokia is strong on mobile segment, Siemens has a strong presence in fixed line telephony business.
The merger will mean that the two companies can now jointly bid for the $5-billion tender floated by state-owned BSNL for about 45 million cellular lines. As of now, both the companies have put in different bids.
Nokia has two businesses — handset and network. Now, the network business will have Siemens as well and to be a merged entity it will have to hive off the network division.
Finnish telecom equipment major announced in June it was merging its mobile networks division with German-based technology company Siemens. The new entity is called Nokia Siemens Networks.
The 50:50 joint venture will consist of Nokia’s Networks Business Group and Siemens’ carrier-related operations for fixed and mobile networks.
Globally, the joint venture will be the second largest company in mobile infrastructure, second in services, third in fixed infrastructure, and the third largest in the overall telecommunications infrastructure market.
Source: The Hindu
Good luck with the merger, I’m sure you won’t have any problems as you’re already dominating India.
About The Author
Stefan Constantinescu
Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.
