Wednesday, October 13, 2010

NSN to Acquire Engineering Firm in Turkey

Nokia Siemens Networks has agreed to acquire IRIS Telecom, a telecom and engineering services firm headquartered in Istanbul, Turkey.

IRIS Telecom's multi-vendor network planning and pptimization business will be integrated with Nokia Siemens Networks' global telecom services capabilities. IRIS Telecom has more than 630 employees and its existing customers include Turkcell, Avea and Ucell. The financial terms of the deal were not disclosed.

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