Following the outcome* of the auction for the CDMA and Long Term Evolution (LTE) assets of Nortel, Nokia Sieme...
July 29, 2009
Following the outcome* of the auction for the CDMA and Long Term Evolution (LTE) assets of Nortel, Nokia Siemens Networks says it remains focused on sustaining its recent momentum in the North American market.
“Our final offer for Nortel’s assets represented a fair price, and we did not enter this process with a win-at-any-cost mindset,” said Bosco Novak, chief markets operations officer at Nokia Siemens.
“Ours was an opportunistic bid aimed at supporting the progress we’ve made in North America in the past 18 months, and we are very confident that momentum will continue to grow.”
Nokia Siemens Networks has transformed its North American business under the leadership of region head Sue Spradley. The company announced on July 20 that it had won a contract with the new Canadian mobile operator Globalive Wireless for the roll-out of a 3G network in Canada.
This marked the fourth such agreement in just over a year following deals with Bell Canada, Telus Corp. and Videotron in 2008.