Nokia Siemens Networks said it has struck a deal with Nordic-based operator TeliaSonera to “modernize” the carrier’s network in Finland.
The two-year deal calls for NSN to update TeliaSonera’s existing GSM and 3G networks and bolster the equipment for the rollout of LTE services using its Flexi Multiradio base stations and NetAct network management system. TeliaSonera launched LTE services late last year in parts of Helsinki, Finland, using NSN’s radio equipment.
TeliaSonera announced deals earlier this year with Ericsson (ERIC) and Huawei Technologies Co. Ltd. to bolster its network in northern Norway.
NSN recently noted that it could cut as many as 1,500 jobs in connection with the 7,000 new employees it gained following the acquisition of Motorola Inc. CDMA network business. Both Nokia Corp. (NOK) and Siemens AG (SI) recommitted to the joint venture earlier this year after failing to find a suitable private-equity partner. The infrastructure division was the only unit in Nokia that improved in second-quarter earnings, but it is still running at a loss. Sales were up 20% from the year-ago period to $5.2 billion. And while the company still reported a loss of nearly $160 million on the joint venture, losses are moving in the right direction, incrementally inching their way to a break-even point at least.
Tracy Ford contributed to this report
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