Reuters - Nokia Siemens to Sell Optical Fibre Network Unit

Mobile telecoms equipment maker Nokia Siemens Networks said on Monday it is to sell its optical fibre networks unit to Marlin Equity Partners, Reuters reported. NSN didn't give any financial details for the sale but said it would be completed in the first quarter of next year. As a result of the deal as many as 1,900 employees, mainly in Germany and Portugal, will be transferred to the new company, NSN said in a statement.

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