BGN Entrepreneur

The troubled telecoms equipment maker–Nokia Siemens Networks was forced to announce 17000 job cut in last November against a backdrop of poor corporate lending.
Though there were wide concerns within the banking community that Nokia would struggle to find sufficient finance in the difficult trading conditions, the mobile giant has still managed to raise over €1.2bn [...]

The struggling telecoms equipment maker–Nokia Siemens Networks, which is jointly owned by Nokia and Siemens, is to make a job cut of 17,000 across the world as part of its extensive global restructuring, which aims at shifting the company’s forcus onto more profitable mobile broadband sector.
According to the company, it is said that around a [...]