Thursday, July 23, 2009

Nokia Siemens Networks Underscores Wireless in North America

Following the news that Ericsson had prevailed in the auction to acquire Nortel's key wireless assets, Nokia Siemens issued a statement confirming its commitment to the global wireless infrastructure industry and highlighting its recent momentum in the North American market.

"Our final offer for Nortel's assets represented a fair price, and we did not enter this process with a win-at-any-cost mindset," said Bosco Novak, Chief Markets Operations Officer, Nokia Siemens Networks. "Ours was an opportunistic bid aimed at supporting the great progress we've made in North America in the past 18 months, and we are very confident that momentum will continue to grow."