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Nokia announced today that Nokia Siemens Networks started its operations on April 1, assuming a leading position in the communications infrastructure market and ready to help its hundreds of customers across the globe meet the challenges of connecting the five billion people that the company believes will be "always on" by 2015. The new company, owned by Nokia and Siemens, holds a top three position in the industry (based on 2006 pro-forma revenues of EUR 17.1 billion) and is ideally positioned to tap growth opportunities in both the wireless and fixed communications markets. Nokia Siemens Networks has approximately 600 customers and operates in about 150 countries, combining deep local presence and know-how with the global reach and international support of an industry leader. The company starts with strong momentum. Approximately 140 joint bids have been submitted since anti-trust approvals in November, in addition to the separate Siemens and Nokia activities. "Already starting as one of the leaders of the industry, we have a clear objective: to become number one. We want to be the number one communications enabler for our customers; the number one company connecting the world through seamless connectivity of mobile and fixed communications; and the number one workplace of choice for our employees. We also want to be known for operating with the highest standards of ethics and integrity," said Simon Beresford-Wylie, chief executive officer of Nokia Siemens Networks. Nokia Siemens Networks has five product business units - Radio Access, Broadband Access, Service Core and Applications, IP/Transport, and Operations Support Systems - that provide a full range of products and applications for fixed, mobile and converged networks. Additionally, the new company addresses the growing demand for services through its Services Business Unit, which has some 20,000 professionals worldwide.
Nokia Siemens Networks starts operations
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