Thursday, September 29, 2011

IPO Is Option For Nokia Siemens Networks

HomeA public listing of mobile network vendor Nokia Siemens Networks is an option, a spokesman for Nokia Corp. (NOK) told Dow Jones Newswires on Thursday.
The news comes after Nokia and Siemens AG (SI) said Thursday they would each inject EUR500 million into their telecommunications equipment joint venture and appoint Jesper Ovesen as the company's new Executive Chairman of the Board of Nokia Siemens Networks.

(C) The Wall Street Journal

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