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Nokia Networks (formerly Nokia Solutions and Networks (NSN) and Nokia Siemens Networks (NSN)) is a multinational data networking and
telecommunications equipment Telecommunications equipment (also telecoms equipment or communications equipment) are hardware which are used for the purposes of telecommunications. Since the 1990s the boundary between telecoms equipment and IT hardware has become blurred as a ...
company headquartered in
Espoo Espoo (, ; sv, Esbo) is a city and municipality in the region of Uusimaa in the Republic of Finland. It is located on the northern shore of the Gulf of Finland, bordering the cities of Helsinki, Vantaa, Kirkkonummi, Vihti and Nurmijärvi ...
, Finland, and wholly owned subsidiary of
Nokia Corporation Nokia Corporation (natively Nokia Oyj, referred to as Nokia) is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865. Nokia's main headquarters are in Espoo, Finland, i ...
. It started as a joint venture between Nokia of Finland and
Siemens Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', '' ...
of Germany known as Nokia Siemens Networks. Nokia Networks has operations in around 120 countries. In 2013, Nokia acquired 100% of Nokia Networks, buying all of Siemens' shares. In April 2014, the NSN name was phased out as part of a rebranding process.


History

The company was created as the result of a joint venture between
Siemens Communications Siemens Communications was the communications and information business arm of German industrial conglomerate Siemens AG, until 2006. It was the largest division of Siemens, and had two business units – Mobile Networks and Fixed Networks; and ...
(minus its Enterprise business unit) and Nokia's Network Business. The formation of the company was publicly announced on 19 June 2006. Nokia Siemens Networks was officially launched at the
3GSM World Congress MWC Barcelona (formerly but still commonly referred to as Mobile World Congress) is an annual trade fair, trade show organised by GSMA, dedicated primarily to the Mobile telephony, mobile communications industry. The event is held in Barcelon ...
in Barcelona in February 2007. Nokia Siemens Networks then began full operations on 1 April 2007 and has its headquarters in Espoo,
Greater Helsinki Greater Helsinki ( fi, Helsingin seutu, Suur-Helsinki, Swedish: ''Helsingforsregionen'', ''Storhelsingfors'') is the metropolitan area surrounding Helsinki, the capital city of Finland. It includes the smaller Capital Region (''Pääkaupunkiseutu' ...
, Finland. In January 2008 Nokia Siemens Networks acquired Israeli company ''Atrica'', a company that builds carrier-class Ethernet transport systems for metro networks. The official release did not disclose terms, however they are thought to be in the region of $100 million. In February 2008 Nokia Siemens Networks acquired ''Apertio'', a Bristol, UK-based mobile network customer management tools provider, for €140 million. With this acquisition Nokia Siemens Networks gained customers in the subscriber management area including
Orange Orange most often refers to: *Orange (fruit), the fruit of the tree species '' Citrus'' × ''sinensis'' ** Orange blossom, its fragrant flower *Orange (colour), from the color of an orange, occurs between red and yellow in the visible spectrum * ...
,
T-Mobile T-Mobile is the brand name used by some of the mobile communications subsidiaries of the German telecommunications company Deutsche Telekom AG in the Czech Republic (T-Mobile Czech Republic), Poland (T-Mobile Polska), the United States (T-Mobile ...
, O2,
Vodafone Vodafone Group Public limited company, plc () is a British Multinational corporation, multinational Telephone company, telecommunications company. Its registered office and Headquarters, global headquarters are in Newbury, Berkshire, England. It ...
, and
Hutchison 3G 3 or Three is a global brand name owned by Hutchison 3G Enterprises S.A.R.L., under which several UMTS-based mobile phone networks and broadband internet providers operate in Hong Kong, Macau, Austria, Denmark, Indonesia, Ireland, Sweden, and ...
. In 2009, according to Siemens, Siemens only retained a non-controlling financial interest in NSN, with the day-to-day operations residing with Nokia. On 19 July 2010, Nokia Siemens Networks announced it would acquire the wireless-network equipment of
Motorola Motorola, Inc. () was an American Multinational corporation, multinational telecommunications company based in Schaumburg, Illinois, United States. After having lost $4.3 billion from 2007 to 2009, the company split into two independent p ...
. The acquisition was completed on 29 April 2011 for $975 million in cash. As of the transaction approximately 6,900 employees transferred to Nokia Siemens Networks. On 23 November 2011, Nokia Siemens Networks announced that it would refocus its business on mobile broadband equipment, the fastest-growing segment of the market. This refocus resulted in the restructuring of the company and the planned layoffs of 17,000 employees. The plan reduced the company's work force by 23% from its 2011 level of 74,000, and helped the company trim annual operating expenses by $1.35 billion by the end of 2013. On 12 December 2011, ADTRAN, Inc. announced it would acquire Nokia Siemens Networks fixed line Broadband Access business. This caused around 400 jobs to move to ADTRAN as part of the deal. After the restructuring process, Nokia Siemens Networks brought in a positive turn around to its businesses. The bottom line and operating margins rose to approximately 10%, which was a significant shift from the previous sub-zero margins, with positive cash flows for six continuous quarters. On 7 August 2013, Nokia completed the acquisition of Siemens' stake in the company and rebranded as ''Nokia Solutions and Networks''. After this acquisition NSN became a fully owned subsidiary of Nokia. On 29 April 2014, Nokia announced that NSN would henceforth be known as ''Nokia Networks''. It was also announced that
Rajeev Suri Rajeev Suri (born 10 October 1967) is an Indian born, Singaporean business executive. He has been the CEO of Inmarsat since February 2021, and was previously the CEO of Nokia until 31 July 2020. Before being appointed Nokia's CEO in May 2014, ...
, the CEO of NSN would be appointed as president and CEO of Nokia Corporation, effective 1 May 2014. On 15 April 2015, Nokia announced its intent to purchase
Alcatel-Lucent Alcatel–Lucent S.A. () was a French–American global telecommunications equipment company, headquartered in Boulogne-Billancourt, France. It was formed in 2006 by the merger of France-based Alcatel and U.S.-based Lucent, the latter being a su ...
for €15.6 billion in an all-stock deal. The acquisition aimed to create a stronger competitor to the rival firms
Ericsson (lit. "Telephone Stock Company of LM Ericsson"), commonly known as Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm. The company sells infrastructure, software, and services in informat ...
and
Huawei Huawei Technologies Co., Ltd. ( ; ) is a Chinese multinational technology corporation headquartered in Shenzhen, Guangdong, China. It designs, develops, produces and sells telecommunications equipment, consumer electronics and various smar ...
, whom Nokia and Alcatel-Lucent had surpassed in terms of total combined revenue in 2014. The acquisition was expected to be completed in early 2016, and was subject to regulatory and shareholder approval. Regulatory approval was obtained in October 2015 and shareholder approval was announced on 4 January 2016. On 3 November 2016, Nokia completed the acquisition of Alcatel-Lucent and it was merged into their Nokia Networks division. On 1 August 2020, Pekka Lundmark took over the role of CEO of Nokia.


Logos

LicerioZamorasNSN.png, Nokia Siemens Networks (2007-2013) Nokia Solutions and Networks logo.png, Nokia Solutions and Networks (2013-2014) NokiaNetworks.svg, Nokia Networks logo (2014-2017) Nokia wordmark.svg, Nokia logo (since 1978)


See also

*
List of networking hardware vendors Networking hardware typically refers to equipment facilitating the use of a computer network. Typically, this includes routers, switches, access points, network interface cards and other related hardware. This is a list of notable vendors who p ...


References


External links


Nokia Networks
{{Authority control Finnish companies established in 2007 Nokia assets Nokia services Siemens Telecommunications equipment vendors VoIP companies Electronics companies established in 2007 Telecommunications companies established in 2007