News tagged with nokia siemens
Nokia Siemens Networks to lay off up to 5,700
Nov 03, 2009 |
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(AP) -- Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).
Nokia posts loss of $832 million in third quarter
Oct 15, 2009 |
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(AP) -- World-leading mobile phone maker Nokia Corp. on Thursday reported a loss of euro559 million ($832 million) in the third quarter, taking hits from a 20 percent drop in sales and a one-time charge for the fallen value ...
Ciena bids $521M for Nortel business units
Oct 07, 2009 |
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(AP) -- Ciena Corp. is offering cash and stock worth $521 million to acquire some of Nortel's most-prized remaining business units as the fallen telecommunications company continues to liquidate.
Nortel strikes deal to sell business unit to Avaya
Jul 20, 2009 |
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Canadian telecom equipment maker Nortel said Monday it reached a deal to sell its enterprise solutions business to US-based Avaya for 475 million dollars pending approval of a bankruptcy court.
London 2012 replaces sponsor Nortel with Cisco
Jul 10, 2009 |
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(AP) -- London Olympic officials on Friday replaced bankrupt Canadian technology sponsor Nortel Networks with Cisco for the 2012 Games, a move that will cost organizers $19.4 million in revenue.
Nortel to sell itself off in pieces
Jun 20, 2009 |
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(AP) -- Nortel Networks, once a technology giant, has decided to sell itself off in pieces rather than attempt to emerge from bankruptcy as a restructured company.
Nokia to cut 450 jobs worldwide: company
Apr 28, 2009 |
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Nokia, the world's leading mobile phone maker, said Tuesday it planned to cut some 450 jobs globally as it reorganises its services unit.
