The cost of industry consolidation over the last few years was not just limited to the deal prices quoted to Wall Street. 2007 was the year that the telecom began to deal with the ongoing cost of consolidation, such as technological and corporate integration. The most obvious example at the carrier level was Sprint Nextel’s […]
Nokia Siemens Networks has moved to acquire carrier Ethernet specialist Atrica, giving the joint venture mega-vendor a stronger foothold in one of the most dynamic wireline technology markets around. NSN has been hounded by poor performance and even an admission by the new CEO of Siemens that the German company was disappointed in the venture […]
Earlier this month, new Siemens CEO Peter Loescher told a German newspaper that the company was considering making several changes to improve its financial performance, including possibly selling its 50 percent share in the Nokia Siemens Networks equipment joint venture.
Late last week, Loescher went a little further. After calling reporters to a press briefing to […]
