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Nicosia -- A regularly updated column of IT related briefs
Nokia launches new mobile handsets
SINGAPORE - Nokia, the world's biggest mobile phone manufacturer, on June 19 launched its latest range of mobile telephone handsets, promising ease of use as the firm seeks to cement its leadership position. One of the five new models, the 6151, is a third-generation or 3G handset featuring a 1.3 megapixel camera and music function. It is expected to be available in the third quarter. The Finnish mobile phone giant unveiled its new models at an annual showcase of its wares in the city-state.
Nokia, Siemens to merge telecoms activities
BERLIN - Finnish telecommunications group Nokia and German rival Siemens will merge their telecoms equipment and network activities, creating the third-biggest supplier worldwide, they said on June 19. Each company will hold 50 percent of Nokia Siemens Networks, with annual sales forecast at €16 billion ($20 billion), and expected cost savings of €1.5 billion per year by 2010. The new group is to be based in Finland and run by Simon Beresford-Wylie, currently the boss of Nokia Networks.
US press reports said that the deal would be worth about €25 billion, and place Nokia Siemens Networks behind Ericsson of Sweden and the group formed through a recent merger of Lucent and Alcatel.
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19-06-2006 , 10:45 PM
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