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Nokia Siemens Networks targets improved financial performance
Wednesday, November 04, 2009
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Nokia Siemens Networks has announced its plans to plans to improve financial performance and return to growth. The plan includes reorganizing the company's business unit to better align with customers needs, extensive operating expenses and production overhead reduction, including a global personnel review; ongoing purchasing savings; expanded partnering to ensure a full portfolio of product and services; and potential acquisitions were assets would add scale to existing product areas or customers relationships. “ As our customers make purchasing decision, they want a partners who engages in issue well beyond a traditional discussion of technology. Business models, innovations, growth and transformation are now very much front and center when it comes to the selection of a technology partner – and our planned new structure will position us well in this changing market,” said Rajeev Suri,CEO, Nokia Siemens Networks.

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