Nokia Siemens in talks to sell BSS

Telecom services major, Nokia Siemens Networks claims that the company is on track on its plan to divest and are also in discussion with parties for the sale of their Business Support Systems (BSS) as part of their restructuring efforts. 

Stating that the company did not want to be an ‘end to end’ service provider, global CEO of the mobile broadband specialist, Rajeev Suri, senior vice-president, Nokia Siemens Networks, said that they will continue to focus on mobile network infrastructure.

He said that this also meant the company’s plans to increase their global delivery services to 40%, a threefold increase from current India contribution of 13%, by the end of 2013.

“There is no pressing need to become independent”, Suri clarified on the efforts of the NSN not to depend on its parent company, Nokia.

On the reduction of their global workforce by over 17,000 globally, he said that this was part of this restructuring plan but refused to comment on the net hiring in India, which currently has 3000 R&D personnel constituting 20% of their global R&D strength.