FierceWireless Europe reports in its December the 15th 2010 online edition that NSN joint venture partners Nokia and Siemens confirm that talks are underway to sell 30% of Nokia Siemens Networks (NSN) to private equity firms.
Nokia and Siemens, the NSN partners, have confirmed the fact that they intend to sell about 30% of the joint venture’s equity to a consortium of US based private equity firms.
NSN 30% Minority Equity
According to FireceWireless Europe, sources confirm that NSN is engaged in discussions with The Gores Group and Blackstone, for the acquisition of at least 30 percent of NSN equity.
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