1 April 2007
Nokia Siemens Networks launches itself as a new company today
Nokia Siemens Networks launches itself as a new company today. The firm represents the merger of the telecommunications network organizations from the two companies, with annual revenues in the order of $20B and positioned in the top three global share in each of wireless networks, telecommunications services and wireline networks.
The venture begins with 60,000 employees, including 20,000 professionals working on the services side of the house.
The new company will officially begin operating on 1st April 2007 and will have its headquarters in Espoo, Greater Helsinki, Finland, while the European headquarters and three of its five divisions will be based in Munich, Germany. It will have operations in all major regions of the world.
Thanks to Mark Goldberg in Canada and Wikipedia.