This week clearly belongs to Nokia Siemens Networks. After remaining in less limelight than its competitors on LTE trials, NSN has come back strongly.
This week clearly belongs to Nokia Siemens Networks. After remaining in less limelight than its competitors on LTE trials, NSN has come back strongly. With Harbinger’s $7 billion deal NSN has made a strong statement to its critics.
With Motorola’s Wireless Network Infrastructure acquistion, NSN is now in leading position in WiMAX market and have got a strong push in Motorola’s already proven TD-LTE expertise.
As part of the Motorola deal, NSN expects to gain incumbent relationships with more than 50 operators and to strengthen its position with China Mobile, Clearwire, KDDI, Sprint, Verizon Wireless and Vodafone.
Motorola’s networks is a market leader in WiMAX, with 41 contracts in 21 countries, has a strong global footprint in CDMA with 30 active networks in 22 countries and a robust GSM installed base, with more than 80 active networks in 66 countries. NSN got it all in cool $1.2 Billion.
Under the deal with Harbinger Capital’s LightSquared, Nokia Siemens Networks has to build and operate a satellite and mobile broadband network for wireless providers and other businesses. See introduction about LightSquared from Chairman and Chief Executive Officer Sanjiv Ahuja below
LightSquared has an ambitious fast track deployment, NSN has to lauch services by middle of next year and expected to have 92 percent coverage of the United States by 2015.
Under the requirement set by the FCC, Harbinger must build out its network to provide U.S. coverage to 100 million people by the end of 2012, 145 million people by the end of 2013, and 260 million people by the end of 2015.
Another interesting video on LightSquared offerings below