InfoAnda - Nokia Siemens secures 1.2 billion euro loan deal |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Deportation of Zimbabweans tearing families apart | 25 October 2011
Teen sentenced to 30 years in Florida gang rape | 15 December 2009
YouTube to share ad money with more video makers | Technology | | 26 August 2009

US-TECH Summary | 21 October 2010

Forum Views () Forum Replies ()

Read more with google mobile : Nokia Siemens secures 1.2 billion euro loan deal |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Davos 2012 Technology Media Small Business Legal Deals Earnings Summits Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Mohamed El-Erian Lawrence Summers Susan Glasser The Great Debate Steven Brill Geraldine Fabrikant Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Subculture of Americans prepares for civilization's collapse 21 Jan 2012 U.S. aircraft carrier enters Gulf without incident 22 Jan 2012 Tornadoes strike Arkansas as storms menace south 12:17am EST U.S. aircraft carrier enters Gulf without incident 22 Jan 2012 Romney to right tax "mistake" after primary loss | 2:48am EST Discussed 256 Subculture of Americans prepares for civilization’s collapse 117 Supreme Court rejects judge-drawn Texas election maps 114 Obama set to reject Keystone oil pipeline: sources Watched A dangerous walk to school Fri, Jan 20 2012 Angelina Jolie fascinated by "bizarre" Republican presidential race Sun, Jan 22 2012 New footage shows dangers faced by Italian police rescue divers Sat, Jan 21 2012 Nokia Siemens secures 1.2 billion euro loan deal Tweet Share this Email Print Related News BofA may pay staff in shares, with eye on capital Thu, Jan 19 2012 Nokia prospects brighten as chairman search narrows Thu, Jan 5 2012 Analysis & Opinion Alluring subprime debt can still poison investors Press Round-up – January 19 Related Topics Tech » Media » A general view of the Nokia Siemens Networks (NSN) headquarters in Espoo November 23, 2011. Credit: Reuters /Vesa Moilanen/ Lehtikuva Mon Jan 23, 2012 2:42am EST (Reuters) - Nokia Siemens Networks (NSN), the world's No.2 maker of mobile phone network equipment, has raised more than 1.2 billion euros from a group of 14 European and U.S. banks as it looks to pay for a big redundancy program and battle towards profitability, a source close to the deal said on Monday. Owners Nokia and Siemens had to bail out NSN with an additional 1 billion euros of equity last year after attempts to sell the business failed, but the loss-making venture has said it would not seek more money from its parents. NSN, which has struggled to make a profit since being set up in 2007, was formed in the hope of building enough scale to lead an industry dominated by Swedish company Ericsson and, increasingly, by Chinese entrants. It has faced aggressive pricing from rivals and an economic downturn that has forced telecoms companies to cut spending. NSN said in November it was axing 17.000 jobs, almost a quarter of its workforce. Earlier, the Financial Times (FT) newspaper said, without citing a source, that about 600 million euros would be provided as a one-year term loan that would need to replaced when it expires in the summer of 2013, with the remainder coming on a three-year term. A source cited by the FT said NSN would look at raising money in the capital market through issuing bonds, which it hoped would be available before the expiry of the one-year debt. The banks involved in the deal include JPMorgan, Citibank, Bank of America, Royal Bank of Scotland and Standard Chartered. NSN needed to replace a 2-billion-euros debt facility set to expire this summer and which was used to support corporate activities. Nokia or Siemens could not be reached for immediate comment. (Reporting by Tarmo Virki and Stephen Mangan; editing by Miral Fahmy and Mark Potter) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Monday, 23 January 2012
Analysis: Iran's softer Gulf words don't mean nuclear shift |
Cuba's Ladies in White call dissident death murder |
Croatia votes to join EU in 2013 |
Pro-euro candidate wins first round of Finnish vote |
Epic clash: Silicon Valley blindsides Hollywood on piracy |
Europe to issue tough new data-protection rules soon |
Apple 2012: Smooth sailing, for the most part |
Twitter is much more than social: co-founder Dorsey |
U.S. lawyer for Megaupload.com withdraws |
Bryce Dallas Howard gives birth to daughter |
Fourth 'Underworld' film leads domestic box office |
Melissa Rivers to mom Joan: Time for 'skintervention' |
Jackson, Wood liken Hobbit filming to family reunion |
Chicago celebrates music history in revived zone |
Syria rejects Arab call for Assad to quit |
U.S. aircraft carrier enters Gulf without incident |
Rousseff's mission for Brazil in 2012: 4 percent growth |
Egypt's Islamist-led parliament to hold first session |
Some Chinese aggrieved find inspiration in rebel village |
ICC to decide whether to try six Kenyan suspects |
BlackBerry maker's CEOs hand reins to insider |
Megaupload kingpin tells New Zealand court he is innocent |
Nokia Siemens secures 1.2 billion euro loan deal |
Firm stops file sharing after Megaupload case |
Two more arrested in Europe over Megaupload case |
Sony top contender for Olympus equity tie: report |
Olympus jumps 7 percent after Tokyo bourse keeps it listed |
Korean research, a first step toward Dr. Smartphone? |
Heidi Klum and Seal call it quits |
Angelina Jolie, Brad Pitt trade views on filmmaking |
Epic clash: Silicon Valley blindsides Hollywood on piracy |
Another side of Ai Weiwei shown in Sundance film |
Damien Echols discusses life West of Memphis |
Fourth Underworld film leads domestic box office |
EU bans Iranian oil, Tehran responds with threats |
Putin foe could be barred from Russian election |
Pakistan rejects U.S. report on NATO attack |
Chinese fire on Tibetan protesters, 1 dead: advocacy group |
No decision yet on Gaddafi son's trial: ICC |
Shipwreck probe may widen to cruise company: lawyer |
Kenya's Kenyatta says rejects war crimes charges |
Nigerian police say four Boko Haram members killed |
Exclusive: YouTube hits 4 billion daily video views |
Tablet, e-reader ownership almost double over holidays: survey |
Music sales fall again in 2011, but optimism grows |
Music player app lets users sing along with lyrics |
Toyota finds way to avoid using rare earth: report |
Intel to buy QLogic's InfiniBand assets for $125 million |
Music sales fall again in 2011, but optimism grows |
Jackson, Wood liken Hobbit filming to family reunion |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01