The company, a joint venture between Finnish cell phone maker Nokia and German conglomerate Siemens AG, is planning to bring down its annual operating expenses and production overheads by 500 million euros by the end of 2011.
The company is facing a string of losses and shrinking customer base.
Global telecom equipment maker Nokia Siemens Networks on Monday announced plans to invest US$ 100 million in the country over the next three years to set up a high-end wireless products manufacturing facility in Tamil Nadu, among other initiatives.
The report stated though a deal could be reached in the next few weeks, there was no certainty about it.
Two former CECs -- B B Tandon and T S Krishnamurthy -- were mandated to investigate the BSNL decision in the face of protest registered by Nokia-Siemens Network. The panel appointed by BSNL was duly approved by the chief vigilance commissioner. The complaint was referred to the panel after NSN, which was disqualified on technical grounds, alleged that the state-run telecom majors recent 93-million GSM lines tender was conducted in a non-transparent manner.
In its drive to expand telecom services both in mobile and fixed line segments, Sunil Mittal-led Bharti Airtel on Tuesday awarded a $900 million contract to Nokia Siemens to deploy equipments in various circles in which it operates.
State-run telecom major BSNL's plans to expand the GSM network has again come across a hurdle with Nokia Siemens Networks (NSN) refusing to accept its share of the 22.5-million-lines contract due to price differences.
Telecom equipment provider Nokia Siemens Networks (NSN) bagged a $700-million network expansion deal from the country's top service provider, Bharti Airtel.
Nokia Siemens Networks plans to increase manpower at its Global Network Solutions Centre (GNSC) in Chennai to 1,800 from 1,000 by the end of 2011 to meet growing demand.
Power systems major Siemens, the Indian subsidiary of German Siemens AG, has decided to divest its 100 per cent stake in Siemens Public Communication Networks
Cellphone maker Motorola Inc is in talks with Nokia Siemens Networks to sell its wireless- networking business for $1.2 billion, a media report said.
Loss-making Nokia gains full control of the profitable venture Nokia Siemens Networks for $2.2 billion, a cheaper than-expected price, analysts said, although they also noted the acquisition would put pressure on Nokia's balance sheet.
Vehvilainen has been with Nokia since 1991 and is currently Chief Operating Officer of Nokia Siemens Networks.
"Nokia plans to reduce up to 10,000 positions globally by the end of 2013. Nokia is beginning the process of engaging with employee representatives in accordance with country-specific legal requirements," it said in a statement.
The employees backed by the Centre of Indian Trade Unions have been on strike since June 7 demanding union recognition, reinstatement of some suspended workers and wage hike, CITU office-bearers said.
The country's largest private telecom operator Bharti Airtel on Thursday entered into an agreement with Nokia Siemens Networks (NSN) to expand its 2G network and roll-out its 3G network in seven African countries for an undisclosed amount.
These vendors will plan, design, deploy and maintain 3G-HSPA (third generation, high speed packet access) networks in 13 telecom circles where the company has won 3G licences, Bharti Airtel said in a statement.
The 35,000 square foot facility would increase Capgemini's BPO's total capacity in India to over 4,500 seats, the company said.
The Rs 8,000-cr deal is expected to be finalised early next month.
It plans to offer 4G data with voice at rates 15-25 per cent lower than those of its competitors just as it has done with its TV sets. Many say it might be a recipe for disaster.
Close on the heels of striking 3 major outsourcing deals with Ericsson, IBM and Nokia totalling over $1400 million, Bharti Tele Ventures on Thursday awarded another $50 million contract to Siemens to build and manage AirTel networks in 3 circles.
Given the security dilemma prevailing between India and China, India should curb the operation of Chinese telecom companies in India, asserts Dr Rup Narayan Das.
The government believes firms which are subject to China's laws could be forced to hand over information to Beijing's security services.
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