WebSify
Follow us on
Mail
Print

Nokia Siemens sees flat spending by telcos in 2012

Source : REUTERS
Last Updated: Tue, Sep 11, 2012 09:21 hrs

Mobile network equipment maker Nokia Siemens Networks (NSN) expects overall spending by telecom operators to be flat in 2012, its Chief Executive Rajeev Suri said on Tuesday.

The company, however, expects "some rebound" in investments by customers in the United States in the second half of this year, Suri told reporters.

Nokia Siemens has faced aggressive pricing from rivals and an economic downturn that has forced telecoms companies to cut spending.


blog comments powered by Disqus
most popular on facebook
talking point on sify finance