Comments Off

Summary:

Nokia Siemens Networks said it will sell its wireline broadband assets to ADTRAN for an undisclosed amount. The deal is the second in as many months for NSN, which had previously been hoping to find a buyer for the whole business.

NSN's headquarters

NSN's headquarters

Nokia Siemens Networks said it will sell its wireline broadband assets to ADTRAN for an undisclosed amount. The deal is the second in as many months for NSN, which had previously been hoping for a buyer for its entire business. The company, which is a joint venture between Siemens and Nokia, says it is planning to exit lines of business that fall outside the bustling mobile broadband industry, but it may also be an effort to slim down to find a buyer.

Nokia said it expected to close the sale of its fixed line broadband access business and associated professional services to ADTRAN, a wireline gear provider, in April 2012. NSN in November had sold its microwave packet business to DragonWave in a cash and stock deal.

NSN has had a rocky time along with the rest of the telecommunications gear industry as consolidation among customers and competition from Huawei and ZTE have put the squeeze on vendors such as Nortel (it filed for bankruptcy), Motorola (it split its businesses), Ericsson (it has decided to focus on mobile broadband as well) and Alcatel-Lucent (it is trying to worm into the cloud market). The company has attempted to find a private equity buyer, but gave up and announced a restructuring in November.

Image of NSN’s HQ courtesy of NSN.

  1. NSN bets its (wireline) parts are greater than the whole http://t.co/fEKAsSb7 @amarchugg #news

    Share
  2. NSN bets its (wireline) parts are greater than the whole: NSN’s headquarters
    Nokia Siemens Networks said that it… http://t.co/JfKFpAJM

    Share
  3. NSN bets its (wireline) parts are greater than the whole http://t.co/s5D5tjhm

    Share
  4. NSN bets its (wireline) parts are greater than the whole http://t.co/s7pNzziF @amarchugg #news

    Share
  5. NSN bets its (wireline) parts are greater than the whole: NSN’s headquarters
    Nokia Siemens Networks said that it… http://t.co/8fTx6VbV

    Share
  6. NSN bets its (wireline) parts are greater than the whole: NSN’s headquarters
    Nokia Siemens Networks said that it… http://t.co/nxKz7VOJ

    Share
  7. NSN bets its (wireline) parts are greater than the whole: NSN’s headquarters
    Nokia Siemens Networks said that it… http://t.co/wox578AN

    Share
  8. NSN bets its (wireline) parts are greater than the whole: NSN’s headquarters
    Nokia Siemens Networks said that it… http://t.co/hlfA1glD

    Share
  9. NSN bets its (wireline) parts are greater than the whole: NSN’s headquarters
    Nokia Siemens Networks said that it… http://t.co/e4xEsRNR

    Share
  10. NSN bets its (wireline) parts are greater than the whole http://t.co/Xd3UA15V

    Share
  11. NSN bets its (wireline) parts are greater than the whole http://t.co/f0HM0Nqs

    Share
  12. NSN bets its (wireline) parts are greater than the whole http://t.co/ljzYhBWB

    Share
  13. NSN bets its (wireline) parts are greater than the whole http://t.co/Fk0qZ9fA

    Share
  14. NSN bets its (wireline) parts are greater than the whole http://t.co/sPamo5tn

    Share
  15. NSN bets its (wireline) parts are greater than the whole http://t.co/VPGfwCDP

    Share
  16. NSN bets its (wireline) parts are greater than the whole http://t.co/QVVghkIR

    Share
  17. NSN bets its (wireline) parts are greater than the whole http://t.co/ptSdOgtb

    Share
  18. NSN bets its (wireline) parts are greater than the whole: NSN’s headquarters
    Nokia Siemens Networks said that it… http://t.co/C957yn9i

    Share
  19. NSN bets its (wireline) parts are greater than the whole: NSN’s headquarters
    Nokia Siemens Networks said that it… http://t.co/cP6yamer

    Share
  20. NSN bets its (wireline) parts are greater than the whole: NSN’s headquarters
    Nokia Siemens Networks said that it… http://t.co/LpbOtTRV

    Share
  21. NSN bets its (wireline) parts are greater than the whole http://t.co/zVoKUrcN via Stacey Higginbotham

    Share
  22. NSN bets its (wireline) parts are greater than the whole: NSN’s headquarters Nokia Siemens… http://t.co/wchZH7S2

    Share
  23. NSN bets its (wireline) parts are greater than the whole http://t.co/I4XBQehb

    Share
  24. [DocDocc] NSN bets its (wireline) parts are greater than the whole http://t.co/bXePPbeN via gigaOM

    Share
  25. NSN bets its (wireline) parts are greater than the whole http://t.co/eWRghHjx

    Share
  26. gigaom: NSN bets its (wireline) parts are greater than the whole http://t.co/RKg7ZGfG

    Share
  27. NSN bets its (wireline) parts are greater than the whole http://t.co/V0dJKIq3

    Share
  28. NSN bets its (wireline) parts are greater than the whole http://t.co/MkyBAiSl #marketing #business #success #biztips

    Share
  29. Gigaom’s best – NSN bets its (wireline) parts are greater than the whole Nokia Siemens Ne Ck Us @ http://t.co/SGrboHlN http://t.co/I2jOKNfV

    Share
  30. NSN bets its (wireline) parts are greater than the whole: Nokia Siemens Networks said that it will sell its wire… http://t.co/2uKPq7BQ

    Share
  31. NSN bets its (wireline) parts are greater than the whole: Nokia Siemens Networks said it will sell its wireline … http://t.co/Og44iqZT

    Share
  32. NSN bets its (wireline) parts are greater than the whole @gigastacey http://t.co/qES2Crsx

    Share
  33. NSN bets its (wireline) parts are greater than the whole [GigaOM]: NSN’s headquarters
    Nokia Siemens Networks sai… http://t.co/riwwBHfd

    Share
  34. NSN sells wireline business to Adtran. Here is why. http://t.co/FTV9Ym2Q

    Share
  35. NSN sells wireline business to Adtran. Here is why. – Nokia Siemens Networks said it will sell its wireline broadban… http://t.co/CJF4Uvb7

    Share
  36. NSN sells wireline business to Adtran. Here is why. http://t.co/8XS8eF4a

    Share
  37. RT @Connect2_Comm: #NSN sells wireline business to #Adtran. Here is why. http://t.co/5IuqK7c1 Hmm. Not much new here, but I like the deal!

    Share
  38. NSN sells wireline business to Adtran. Here is why. http://t.co/oUcrK5Sp

    Share
  39. NSN sells wireline business to Adtran. Here is why. http://t.co/2j8aS9Iw

    Share
  40. RT @gigastacey NSN sells wireline business to Adtran. Here is why. http://t.co/wnHXBbYL

    Share
  41. RT @gigastacey: NSN sells wireline business to Adtran. Here is why. http://t.co/3aoO9h1W #NokiaSiemens

    Share
  42. Unique restructuring business model NSN: NSN sells wireline business to Adtran. Here is why. http://t.co/g9UYZBnE

    Share
  43. RT @gigaom: NSN bets its (wireline) parts are greater than the whole http://t.co/f0HM0Nqs

    Share
  44. NSN bets its (wireline) parts are greater than the whole: NSN’s headquarters
    Nokia Siemens Networks said it will… http://t.co/5PZ8ldV5

    Share
  45. RT @gigaom: NSN bets its (wireline) parts are greater than the whole http://t.co/fZXzkGUr

    Share
  46. MORE ONE … NSN sells wireline business to Adtran. Here is why
    http://t.co/mMCDCTPV

    Share
  47. GigaOM: NSN sells wireline business to Adtran. Here is why. http://t.co/cJxGvPXE #in

    Share
  48. NSN sells wireline business to Adtran http://t.co/0IsafrZ3 #fb

    Share

Comments have been disabled for this post