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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.

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

  2. Ray Informatics Monday, December 12, 2011

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

  3. Crunked On Tech Monday, December 12, 2011

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

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

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

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

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

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

  9. Roberts Chapman Monday, December 12, 2011

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

  10. amazinginteriors Monday, December 12, 2011

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

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

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

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

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

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

  16. Yasbella Sebastian Monday, December 12, 2011

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

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

  18. Peter Alexandrov Monday, December 12, 2011

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

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

  20. Mitanshu Saini Monday, December 12, 2011

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

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

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

  23. GigaOM Broadband Monday, December 12, 2011

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

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

  25. Abdul Jaleel KK Monday, December 12, 2011

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

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

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

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

  29. Hector E. Cisneros Monday, December 12, 2011

    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

  30. OriginalSignal Monday, December 12, 2011

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

  31. Torontogreenhouse Monday, December 12, 2011

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

  32. kevin fitchard Monday, December 12, 2011

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

  33. Apps APIs Ecosystems Monday, December 12, 2011

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

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

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

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

  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!

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

  39. Stacey Higginbotham Monday, December 12, 2011

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

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

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

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

  43. Vikas Korikkar Monday, December 12, 2011

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

  44. Data Center Blogs Monday, December 12, 2011

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

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

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

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

  48. Ram H. Viswanathan Monday, December 12, 2011

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

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