Nokia Networks
Sign in to saveAlso known as Nokia Solutions and Networks, Nokia Siemens Networks, NOKIA SOLUTIONS AND NETWORKS OY (Espoo)
multinational data networking and telecommunications equipment company
Key facts
- Formerly
- Nokia Siemens Networks (2007–2013) Nokia Solutions and Networks (2013–2014)
- Company type
- Subsidiary
- Industry
- Telecommunications equipment
- Predecessor
- Siemens Communications , Alcatel-Lucent
- Founded
- 2007 ; 19 years ago ( 2007 )
- Headquarters
- Espoo , Finland
- Area served
- Worldwide
- Key people
- Justin Hotard ( Nokia CEO ), Marco Wirén ( Nokia CFO )
- Products
- Mobile Broadband , consultancy and managed services , multimedia technology
- Number of employees
- 150,000 (after ALU merger)
- Parent
- Nokia
- Website
- networks .nokia .com
via Wikipedia infobox
~9 min read
Encyclopedic overview
Nokia Networks (formerly Nokia Solutions and Networks (NSN) and Nokia Siemens Networks (NSN)) is a Finnish multinational data networking and telecommunications equipment company headquartered in Espoo, Finland, and wholly owned subsidiary of Nokia Corporation. It started as a joint venture between Nokia of Finland and Siemens of Germany known as Nokia Siemens Networks.
The formation of NSN was announced in June 2006, and launched in April 2007. Early on, the firm undertook numerous acquisitions, which it typically used to obtain strategically-beneficial technologies or customer bases, such as the wireless-network equipment of Motorola in 2010. During the early 2010s, NSN opted to reorient its focus towards the mobile broadband equipment market and underwent restructuring, selling its fixed line Broadband Access business to ADTRAN, Inc. and enacting job cuts. The firm became increasingly focused on 5G network apparatus.
Excerpted from Wikipedia’s “Nokia Networks” article, available under the CC BY-SA 4.0 licence.