Ericsson Set To Buy Nokia Siemens: report

Monday, September 03, 2012

Ericsson Set To Buy Nokia Siemens: report

You are sending an email that contains the article
and a private message for your recipient(s).

Your Name:

Your e-mail:

* Required!

Recipient (e-mail):

*

Subject:

*

Introductory Message:

HTML/Text
(Photo: Yes/No)

(At the moment, only Text is allowed...)

Message Text:

Ericsson is reportedly ready to buy the business support systems (BSS) unit of Nokia Siemens Networks (NSN), Dow Jones Newswires reported on Monday.

U.S. telecoms equipment maker Amdocs is also interested in the BSS unit.

NSN's BSS unit which provides billing and charging systems for telecoms operators.

Another report from Reuters says BSS unit was among assets NSN was considering selling

Ericsson and NSN, a joint venture between Nokia and Siemens AG, have not provided any comment.

NSN is expected to cut 17,000 of the group's workforce in an effort to improve its finances.