NSN microwave sale almost complete

NSN microwave sale almost complete

Michael Carroll  |   June 04, 2012
China is the only stumbling block in a €15 million ($18.6 million) sale of Nokia Siemens Networks’ (NSN) microwave transport business to DragonWave.
The deal, approved in Europe June 1, must still be cleared by Chinese authorities before NSN’s Shanghai workforce can transfer to the new company. Transferring the staff is the final piece in NSN’s disposal of its microwave division, and the firm predicts approval will be gained in the back half of the year.
NSN’s microwave is the latest unit offloaded as part of a strategy to slash costs by focusing on the firm’s core mobile broadband competencies. The plan has already seen the vendor sell off its fixed wireless broadband, fixed line and Wimax businesses, and detail plans to shed up to 17,000 staff.
Michael Carroll


TelcoStrat 288

May 7-8, Jakarta
Join telco CxOs from around Asia to discuss:
• Changing the way telcos operate
• New service offerings
• Restructuring for innovation
See the conference agenda >>

Transmode's Sten Nordell explains why Asia is ahead of the game in mobile fronthaul, and how WDM-PON’s time has finally come


Frontpage Content by Category with Image

Activists petition for the withdrawal of the Newborn-to-Toddler Apptivity Seat


Telecomasia.net full website

© 2012 Questex Asia Ltd., a Questex Media Group company. All rights reserved. Reproduction in whole or in part is prohibited. Please send any technical comments or questions to our webmaster.