Nokia Siemens to sell optical networks unit

Posted on December 3, 2012

The logo of the telecommunications services company Nokia Siemens Networks is pictured on top their office in BerlinFRANKFURT (Reuters) – Mobile telecoms equipment maker Nokia Siemens Networks (NSN) said on Monday it is to sell its optical fiber networks unit to Marlin Equity Partners. NSN didn't give any financial details for the sale but said it would be completed in the first quarter of next year. As a result of the deal as many as 1,900 employees, mainly in Germany and Portugal, will be transferred to the new company, NSN said in a statement. …


Full Story Via Tech News Headlines – Yahoo! News

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