Nokia (NOK) and Siemens (SI) will regret not finding a way to sell their networking JV, judging...

|About: Nokia Corporation (NOK)|By:, SA News Editor

Nokia (NOK) and Siemens (SI) will regret not finding a way to sell their networking JV, judging by Bernstein's view of the situation. Nokia Siemens Networks (NSN) has been steadily losing share to Ericsson (ERIC) and Huawei, and the R&D spending needed to stop the bleeding will lead to greater cash burn. NSN had an operating loss of €114M in Q3.