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Nokia Siemens (NOK, SI) continues to shed non-core assets as part of its downsizing. The latest...
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Wednesday, December 5, 2012, 10:15 AM ETNokia Siemens (NOK, SI) continues to shed non-core assets as part of its downsizing. The latest is its business support systems unit, which it has agreed to sell to telecom billing software firm Redknee for €15 ($19.6M) + €25M ($32.7M) in performance-based payouts. NSN announced a deal to sell its optical networking business earlier this week. (previous)
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This news story has 5 comments:
That's one thing I like about Elop's plan. KISS- keep it simple stupid.
It also eliminates alot of private intercorporate kingdoms within Nokia. It's a builders plan.
Long Nokia