Telecoms

Nokia to buy Siemens out of network

Name: Nokia to buy Siemens out of network
Uploaded: 2013-07-01T14:51:11.895Z
Duration: 3 min 39 s
Channel: Financial Times
Description: Lex on why Nokia and Siemens are parting ways

Nokia is paying €1.7bn to buy Siemens out of their joint venture network, Nokia Siemens Networks. Lex's Oliver Ralph and Nikki Tait discuss why both companies see this as a good deal

July 1, 2013

Filmed by Rod Fitzgerald and James Macdonald. Produced by Darryl Thomson and Waad Ahmed.