Its Official: Nokia Takes Over Nokia Siemens Network For $ 2.2B

Been speculated by Bloomberg, Nokia finally announced its taking over full control of its telecom’s joint-venture Nokia Siemens Network. It agreed to buy out partner Siemens in a €1.7 billion ($2.2 billion) deal. Nokia recorded a loss of $196 million during Q1 2013. Its said that this business turnover will help offset losses that Nokia has incurred from its hardware and Windows Phone business. Nokia Siemens …