Nokia Siemens buys Motorola ops for $1.2 bn | business | Hindustan Times
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Nokia Siemens buys Motorola ops for $1.2 bn

Nokia Siemens Networks is set to buy US-based Motorola's telecom network equipment business for $1.2 billion. While this represents industry consolidation, it is not expected to have an impact in India as Motorola's presence is not considered significant.

business Updated: Jul 19, 2010 22:50 IST
HT Correspondent

Nokia Siemens Networks (NSN) is set to buy US-based Motorola's telecom network equipment business for $1.2 billion.

While this represents industry consolidation, it is not expected to have an impact in India as Motorola's presence is not considered significant.

But the buy-out will create a powerhouse in North America, where NSN will become the second largest telecom equipment manufacturer after Ericsson.

In the past, Motorola has set up a GSM network for Mahanagar Telephone Nigam Ltd (MTNL) in Delhi. For BSNL, Motorola supplied equipment in the South zone in an earlier tender. In an earlier BSNL tender, it was disqualified.

NSN is a large player in India.