Thursday, January 29, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Reports Strong Fourth Quarter
Qualcomm Cuts Fiscal 2015 Outlook On Lower Chip Demand
Cloud Cryptographic Algorithm Protects Personal Data
Spying Program Runs Global Internet Watch: CBC
PlayStation Meets Spotify
Facebook Intros Trending Super Bowl
YouTube Now Defaults to HTML5
HP Led The Notebook Market In 2014
Active Discussions
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
full screen wide screen
Hi
 Home > News > General Computing > Nokia N...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 31, 2014
Nokia Networks to buy Part of Panasonic's Wireless Network Business


Nokia Networks has entered into a memorandum of understanding to acquire part of the wireless networks business of Panasonic System Networks Company Limited.

The agreement covers Panasonic's mobile phone (LTE/3G) wireless base station system business for mobile operators and related wireless equipment system business.

The two parties plan to conclude the agreement by the end of September 2014, with expected closure scheduled on January 1, 2015, subject to customary closing conditions, including regulatory approvals. Under the terms of the agreement, fixed assets and business contracts with Panasonic's customers are being transferred to Nokia Networks in Japan, including Panasonic employees involved in the business.

Through this acquisition, Nokia Networks aims to further improve efficiency and quality control for product development and R&D, as well as strengthen its market share for base station systems and related wireless equipment in Japan. In addition, Nokia Networks plans to leverage its global experience and technical leadership in mobile broadband to grow its business in the acquired domestic carrier segment globally.



Previous
Next
Panasonic and Tesla Sign Agreement for the Gigafactory        All News        Samsung Q3 Sales and Profits Down despite Galaxy S5 launch
Panasonic and Tesla Sign Agreement for the Gigafactory     General Computing News      Samsung Q3 Sales and Profits Down despite Galaxy S5 launch

Get RSS feed Easy Print E-Mail this Message

Related News
Nokia 215 Unveiled
Lumia 635 Comes to Boost Mobile, Virgin Mobile USA and Sprint
Nokia's First Brand-licensed Product Is The N1 Android Tablet
Nokia Teases With Mysterious New Product
Nokia Brand May Return In The Future: CEO
Microsoft's First Nokia-free Lumia Coming Next Week
Lumia 635 Coming to Cricket Wireless
Lumia 830 Coming to AT&T With Free Fibit Flex
Microsoft To Keep Nokia Brand For Low-end Smartphones
New Portable Power Charger For Microsoft Phones
Nokia 130 Coming To Stores
Microsoft To Drop The Nokia Branding

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .