Setback For Nokia-Seimens
Posted on August 01, 2011 at 08:31 AM EDT
Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NYSE:NOK) and Siemens AG (NYSE:SI), recently suffered a massive blow. On July 29, the upcoming wholesale 4G LTE (Long Term Evolution) wireless network operator LightSquared announced that it has decided to outsource a majority of its network to Sprint Nextel Corp. (NYSE:S) instead of [...]
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