Abstract:
The research report is about the merger between Nokia and Siemens, Powerhouse telecom providers Nokia (NYSE: NOK) and Siemens (NYSE: SI) intend to merge their telecom networks businesses to create one of the largest entities in the industry. The 50-50 US$30 billion joint venture, Nokia Siemens Networks, is expected to generate $20 billion a year in revenue Nokia Siemens Networks wants to prove that titans don't have to clash. The 50-50 joint venture combines the telecom carrier operations of diversified manufacturer Siemens with the network business of communications giant Nokia. With a product portfolio spanning wireless and wire line network equipment
Nokia is contributing its Networks Business Group and Siemens its carrier-related operations for fixed and mobile networks. The divisions together generated combined revenue last year of €15.8 billion ($19.9 billion). Now both of these companies are working with the brand name of “NOKIA SEIMENS NETWORK” In world ranking of Mobiles technology Sony Ericsson is at No 1, Nokia is at No 5, Siemens at No3, by combining the Technology of both Nokia and Siemens, currently they are at No2. The objectives of the study are just to analyze the financial performance of nokia and siemens before their merger and different sort of issues faced before and during their merger and have their merger fruitful or not
