Nokia Siemens in $935 Million Saudi Deal
115305
Nokia Siemens Networks said Monday it will provide a digital network for Zain, a mobile phone operator in Saudi Arabia, in a deal valued at about $935 million.The contract includes operations, support systems, maintenance and services over five years for the network which will use 2G and 3G (second and third generation) technologies.Nokia Siemens Networks is the sole supplier of Zain Saudi's core network, the Finnish-German company said.'This deal is one of the most important in Nokia Siemens Networks' history, and also very strategic for our growth in Africa as Zain is present in more than 14 countries in the region,' said Walid Moneimne, head of the company's Middle East and African operations. Read more
710774
Industrial group Siemens AG said Friday it has signed a &#36;3.35 billion contract to deliver technology services around the world to the British Broadcasting Corp. as part of a deal that will see it acquire the broadcaster's BBC Technology subsidiary.
412318
Siemens bought a 16 percent stake from a private investor in November and launched a bid of 55 euros ($72.05) a share for the remaining shares.
99890
Nokia, the world's largest mobile phone maker, said it would provide telecom network equipment to MTC in Bahrain with the aim of rolling out third generation 3G mobile services across the Gulf state by the end of 2004.
246156
The Saudi Telecom Company, the largest phone company in Saudi Arabia, bought a 25 percent stake in Maxis Communications of Malaysia for 11.4 billion riyals ($3 billion) to tap growth in developing markets like India. Saudi Telecom bought the shares from a Malaysian billionaire, T. Ananda Krishnan, who last month offered to buy the 40 percent that he did not already control in Maxis, which is based in Kuala Lumpur and is the countryâs largest mobile phone operator. Maxis has 14 million subscribers in Malaysia and India. Under the agreement, Saudi Telecom will also acquire 51 percent stake in PT Natrindo Telepon Selular, the Maxis subsidiary in Indonesia, the company said.
250471
(InfoWorld) - T-Mobile USA Inc. is moving into 3G (third-generation) mobile services with Nokia Corp. and Telefonaktiebolaget LM Ericsson as major equipment suppliers. The fourth-largest U.S. mobile operator is the last of the major operators to deploy 3G but secured a big chunk of radio spectrum in the U.S. Federal Communications Commission's AWS (Advanced Wireless Services) auction in September. It bid almost US$4.2 billion for 120 frequency licenses around the country. T-Mobile started rolling out its WCDMA (Wideband Code Division Multiple Access) network during this quarter and will continue it through 2007 and 2008, according to the company. In New York, the deployment is already half finished. Nokia will provide small, modular base stations called the Nokia Flexi WCDMA Base Station, making T-Mobile the first U.S. carrier to use them, Nokia said. The contract depends on T-Mobile completing its acquisition of the spectrum. WCDMA delivers an average downlink speed of about 400K bps (bits per second) and the Nokia Flexi base stations can be upgraded to support Nokia's HSPA (High-Speed Packet Access) technology, according to Nokia spokeswoman Chantal Boeckman. HSPA includes both HSDPA (High-speed Downlink Packet Access) and HSUPA (High-speed Uplink Packet Access), with downlink speed as high as 14.4M bps and uplinks as fast as 5.8M bps, Nokia said. The company has already supplied HSPA gear to T-Mobile operators in Germany, the U.K. and the Netherlands. T-Mobile is a member of the T-Mobile International group, the mobile division of Germany's Deutsche Telekom AG. Meanwhile, Ericsson has signed on as T-Mobile's main radio provider in certain markets, including New York, and to provide services including network planning, installation and testing. That deal also relies on the carrier getting its new spectrum licenses.
578234
Nokia Siemens Networks  said on Monday it had won an order worth $935 million from telecom operator Zain  to build second- and third-generation mobile networks in Saudi Arabia.
431876
Third 3G/UMTS order in Asia: Siemens awarded mobile network extension for Maxis in Malaysia Malaysiaâs leading mobile operator, Maxis Communications Bhd.
71721
Nokia, the world's leading mobile phone maker, posted Thursday an 85 percent rise in third quarter net profit to 1.56 billion euros (2.22 billion dollars) even though mobile phone sales were only up by three percent.
47639
Nokia, the world's largest mobile phone maker, has signed an agreement to acquire Germany's mobile mapping and navigation equipment producer, gate5, for an undislosed sum.
533676
(InfoWorld) - Nokia plans to fold all its mobile phone development efforts into a single new business unit, reflecting the growing importanceÂ of its business of multimedia and Internet-enabled devices. The new Device unit, as it will be called, will produce all of Nokia's mobile devices, including more traditional mobile phones, as well as Internet-enabled devices like the N series. The products were previously produced by three separate divisions, for mobile phones, multimedia, and enterprise solutions. As part of the reorganization Nokia will also create two other new divisions, called Software & Services, and Markets, to replace its existing structure. The divisions will all be launched on Jan. 1, 2008, the company announced Wednesday. "When we introduced the [current] structure in early 2004, the market was still very voice centric at the time," said Nokia spokeswoman Arja Suominen. "The other areas were small but have grown much since then. So it makes sense to bring all these together in one unit." Nokia said the changes will help to make its product development and manufacturing operations more effective and reduce the time it takes to bring new products to market. "This isn't a cost-cutting exercise," Suominen said. "We seek greater efficiency." The move comes as Nokia faces new low-cost challengers from Asia, as well as markets with high levels of phone penetration in developed countries. The current enterprise solutions unit will be split up, with business phones such as the E90 Communicator and the E61 smart phone to be merged into the device unit, and enterprise systems such as e-mail and security to be rolled into the services & software unit. The services & software unit will also be in charge of all software products, including games, and Internet services, including navigation and music, that consumers can purchase separately. Operating system software, such as the Series 60 OS, will be part of the device unit. The device and services & software units will have their own research and development (R&D) teams. The Nokia Research Center will continue to pursue long-term research at the corporate level. The third new unit, markets, comprises manufacturing, distribution, sales and marketing. The changes will also be reflected in Nokia's financial reporting. Beginning next year it will publish financial figures for two segments: devices & services andÂ Nokia Siemens Networks. Nokia joined forces with Germany's Siemens last year to form the joint venture Nokia Siemens Networks. The new device unit will be headed by Kai ÃistÃ¤mÃ¶, who is currently in charge of Nokia's mobile phones business group. Niklas Savander, currently in charge of technology platforms, will head the services & software unit. The markets unit will be the responsibility of Anssi Vanjoki, who is currently heading the multimedia business group.
598114
Sprint Corp., the third-largest wireless phone company in the US, doled out US$3 billion worth of contracts Tuesday to long-time suppliers Lucent Technologies, Nortel Networks and Motorola.
271302
(InfoWorld) - Under mounting pressure from German government officials and former employees of the mobile phone division it paid BenQ to take off its hands, Siemens has set up a â¬35 million ($44.4 million) fund to aid workers at risk of losing their jobs. The move comes just days after BenQ announced it wouldÂ stop investing in BenQ Mobile, because it saw no end to the losses after already sinking over â¬600 million into the unit. BenQ Mobile, which employs 3,000 workers in Germany, immediately said it wouldÂ file for bankruptcy protection. Newspaper reports cited name calling and legal threats from both Siemens and BenQ in the dispute over the fate of workers at BenQ Mobile, but a BenQ representative said there has been no official contact between the two companies and that much of the talk is mere speculation. On Tuesday, Siemens announced it would set up the employee education and retraining fund, contributing â¬5 million of the sum from a salary increase already approved for Siemens' management, it said in a statement. The German electronics giant said its decision toÂ sell the mobile phone division to BenQÂ provided the greatest possible benefits to employees at the time of the sale, and that closing the business outright would have been a less expensive option. BenQ had presented a credible plan for operating and expanding the mobile phone division at the time of the sale, and Siemens believed it was sincere, the company said. The company expressed shock at BenQ's decision to "put its people on the street." BenQ declined to immediately comment on the jab. Siemens paid BenQ â¬250 million to take the loss-making division off its hands last year, and even agreed to buy a â¬50 million stake in BenQ to solidify the deal. Since then, BenQ Mobile's business has continued to deteriorate as rivals in the mobile phone industry snap up market share. The division caused BenQ toÂ post lossesÂ in each of the past three financial quarters.
235133
Siemens Communications Inc. reported Tuesday that it signed a multiyear agreement with Cingular Wireless to develop a third-generation, or 3G, universal mobile telecommunications system.
733584
Nokia Siemens Networks won a $900 million contract from India's largest mobile phone operator, Bharti Airtel Ltd., to help expand its communications network, both companies said Tuesday.
439398
CANNES/HELSINKI  - The world's largest mobile  phone maker, Nokia, and software giant Microsoft struck a deal  on Monday to make it easier for consumers to buy digital music  online and play it back on their handsets.
274455
In another sign that Nokia and SiemensÂ are confident that theÂ merger of their network equipment divisionsÂ will go through, the companies announced they will start sharing their proposed product portfolio in early February.