Now, you can count yourself how much are Nokia Siemens Networks, NAVTEQ, and feature-phone division worth.
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The Nokia Siemens Networks equipment business will also be gone if Elop can find a buyer.
The 4G radio network in Denmark is in this rollout phase supplied by Nokia Siemens Networks.
Its joint venture with Siemens, Nokia Siemens Networks, appointed Samih Elhage as chief operating officer.
The struggling telecoms equipment maker Nokia Siemens Networks is cutting 17, 000 jobs, 23% of its workforce.
Its third-quarter results were boosted by record profits from its telecoms equipment company, Nokia Siemens Networks.
Nokia Siemens Networks is profitable and growing strongly (over 300 million euros profit in 3Q).
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In other areas of the company, its telecoms equipment venture, Nokia Siemens Networks, reported a fall in sales.
Nokia Siemens Networks will target end-to-end mobile network infrastructure and services, with a particular emphasis on mobile broadband.
ENGADGET: Nokia Siemens to cut 17,000 jobs as part of global restructuring
Nokia Siemens Networks non-IFRS operating margin includes a positive impact from non-recurring IPR income of approximately EUR 30 million.
Nokia Siemens Networks plans to realign its business to focus on mobile broadband (including optical), customer experience management and services.
ENGADGET: Nokia Siemens to cut 17,000 jobs as part of global restructuring
During the fourth quarter 2012, multiple factors positively affected Nokia Siemens Networks' businesses to a greater extent than previously expected.
Nokia Siemens networks non-IFRS operating margin for the fourth quarter 2012 now expected to be between 13 and 15 percent.
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Nokia Siemens Networks will host a conference call for media beginning at 15:00 pm (EET) 14:00 pm (CET) on Wednesday, November 23.
ENGADGET: Nokia Siemens to cut 17,000 jobs as part of global restructuring
Nokia Siemens Networks said it won't take on any new business in Iran and will gradually reduce its existing commitments, effective Jan 1.
Seasonality is expected to have a negative impact on the first quarter 2013 underlying profitability for Nokia Siemens Networks, compared to the fourth quarter 2012.
The company also is seeing better-than-expected results at Nokia Siemens Networks.
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As capital spending by carriers has slowed in recent years, Ericsson, Nokia Siemens Networks and Alcatel-Lucent have been cutting jobs to reduce expenses.
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Espoo, Finland - Nokia Siemens Networks today announced its strategy to focus on mobile broadband and services and the launch of an extensive global restructuring program.
ENGADGET: Nokia Siemens to cut 17,000 jobs as part of global restructuring
Nokia also estimates that Nokia Siemens Networks has exceeded expectations for the fourth quarter 2012, delivering record underlying profits and a third consecutive quarter of underlying profitability.
Nokia Siemens Networks will begin the process of engaging with employee representatives in accordance with country-specific legal requirements to find socially responsible means to address these reduction needs.
ENGADGET: Nokia Siemens to cut 17,000 jobs as part of global restructuring
The company noted that it improved its cash position in the quarter by about 800 million Euros, 650 million of that from Nokia Siemens Networks, to 4.36 billion.
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Nokia and Nokia Siemens Networks expect Nokia Siemens Networks non-IFRS operating margin in the first quarter 2013 to be approximately positive 3 percent, plus or minus four percentage points.
In order to reduce the impact of the planned reductions, Nokia Siemens Networks intends to launch locally led programs at the most affected sites to provide re-training and re-employment support.
ENGADGET: Nokia Siemens to cut 17,000 jobs as part of global restructuring
Nokia Siemens Networks, the 50:50 JV between Nokia and Siemens, posted strong market share gains in Q3 2012 on the back of a good number of 4G LTE contract wins.
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These include Ericsson (ERIC), Alcatel-Lucent (ALU), Nokia Siemens Networks which is a joint venture of Nokia (NOK) and Siemens (SI), Cisco Systems (CSCO), Juniper Networks (JNPR), Ciena (CIEN), and Tellabs (TLAB).
Huawei has emerged as a major competitor to the likes of Nokia Siemens Networks and has ambitions to become a major provider to U.S. companies, but has drawn criticism for selling equipment and service to Iran.
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Instead, they are seeking to blame Nokia Siemens Networks for the acts of the Iranian authorities by filing a lawsuit in the U.S., a country that has absolutely no connection to the issues they are raising.
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"We believe that the future of our industry is in mobile broadband and services - and we aim to be an undisputed leader in these areas, " said Rajeev Suri, chief executive officer of Nokia Siemens Networks.
ENGADGET: Nokia Siemens to cut 17,000 jobs as part of global restructuring
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