First published on Industry Briefing, Economist Intelligence Unit, 25 July

When Nokia Siemens Networks (NSN) published its first annual report in March, it seemed the parent companies of the Finnish-German joint venture were stepping up their efforts for either a private equity sale or a listing. Siemens had made little secret of its desire to exit the loss-making manufacturer of mobile broadband equipment. That Nokia ended up buying out Siemens shows both firms ran out of patience. There’s also an air of desperation about the deal. (more…)