Nokia Siemens (NOK, SI) continues to shed non-core assets as part of its downsizing. The latest...

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

Nokia 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)