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Nokia, Siemens in $US30 billion deal

July 31, 2018
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Nokia and Siemens have agreed to combine their telecommunicationsequipment units in a deal creating one of the biggest players inthe industry, say the companies. – (The Age — 20 June, 2006)
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NOKIA and Siemens have agreed to combine their telecommunicationsnetwork equipment divisions into a joint company to be run byNokia’s Simon Beresford-Wylie, a 48-year-old Australian. – (Sydney Morning Herald — 21 June, 2006)
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Telecommunications giants Nokia and Siemens will merge in a deal reported to be worth about $A42 billion Both companies will hold an equal share in the new organisation Nokia Siemens Networks Th (ABC News — 19 June, 2006)
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Nokia and Siemens agree to merge their mobile and fixed-line phone network equipment businesses. (BBC News — 20 June, 2006)
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FRANKFURT, Germany — Nokia Corp. and Siemens AG said Monday they will combine their network equipment units in a reported $30 billion joint venture to more effectively take on market leader LM Ericsson. (Washington Post — 16 hours ago)
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Nokia and Siemens have agreed to combine the bulk of their telecom networks businesses to create one of the biggest players in the industry, sending shares in both firms higher. (CNN — 20 June, 2006)
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Nokia and Siemens announced a merger of their telecommunication network equipment businesses. (New York Times — 20 June, 2006)
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European telecom makers Nokia Corp. and Siemens AG have agreed to combine their telephone equipment units in a deal valued at roughly 25 billion euros ($31.6 billion), according to a newspaper report. (CNN — 19 June, 2006)
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Nokia and Siemens are expected to announce a merger of their telecommunication network equipment businesses. (New York Times — 19 June, 2006)
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As Nokia and Siemens announced plans to merge their telecommunications equipment businesses – the third major industry deal in less than a year – the big unanswered question was not if, but when, the remaining giants would team up. (International Herald Tribune — 21 June, 2006)
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