27 Jul 2009
Nokia Siemens Networks remains dedicated to the development of mobile infrastructure, despite having lost out to Ericsson in snapping up Nortel's CDMA and Long Term Evolution (LTE) assets.
"Our final offer for Nortel's assets represented a fair price, and we did not enter this process with a win-at-any-cost mindset," said Bosco Novak, chief markets operations officer at Nokia Siemens.
"Ours was an opportunistic bid aimed at supporting the great progress we've made in North America in the past 18 months, and we are very confident that momentum will continue to grow."
Nokia Siemens is currently focusing its efforts on the North American market, and has several new projects underway in Canada and the US.
As well as developing access products for the edge of the network, Nokia Siemens is investing in the backhaul optical networks required as demand for bandwidth from cable and wireless operators continues to grow.
The harsh economic climate has affected the rollout of next-generation mobile data services, but competition within the industry remains fierce across all regions, particularly Asia where adoption is high.
"With our powerful R&D capacity, strong portfolio and services capabilities and global scale and reach, Nokia Siemens is positioned for long-term success as one of the winners in a wireless industry that is rapidly consolidating around three vendors," added Mika Vehvilainen, chief operating officer at Nokia Siemens.
"Our LTE platform is winning a growing number of customers across the world, and we are well positioned to deliver the benefits of next-generation wireless technology to customers in North America and elsewhere."
LTE is expected to trump WiMax in all but a few niche markets, but development of the latter platform is still going ahead. A recently completed trial in the UK was hailed as a great success.
Latest stories from Communications
Related articles
Related jobs
Poll
Are you confident that the UK's IT infrastructure is secure from attack in the wake of the Flame malware revelations?
Orange and Intel talk us through the ins and outs of their San Diego smartphone
Connect with V3.co.uk
The wrong printers, for the wrong tasks on the wrong contracts
Who leads the BI pack and who should we be watching out for?
PHP Software Developers/Programmers- Automated Trading...
1st Level Application Support required to join a leading...
Helpdesk adviser required for a major organisation in...
.NET Developer is needed for a financial services...
Keep up to date with the latest products, services and technologies from the world's leading IT companies. IThound.com brings you over 2,000 white papers, case studies and analyst reports.
Do you agree?