Cable & Telecom

Nokia and Siemens to merge communications businesses

FRANKFURT, Germany – Nokia and Siemens are merging their fixed and mobile communications businesses into a nearly 16 billion-a-year Euro company. The 50-50 venture, to be called Nokia Siemens Networks, will consist of Nokia’s Networks Business Group and Siemens’ carrier-related operations for fixed and mobile networks. The two operations had pro forma revenues in calendar 2005 totalling 15.8 billion Euros. Based on current data, it will be the world’s second largest company in mobile infrastructure, second in services, third in fixed infrastructure, and the third largest in the overall telecommunications infrastructure market. "We believe the partnership with Siemens is the...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.