Wifi Revolution

Nokia Siemens Networks and Deutsche Telekom (News - Alert) have entered into a strategic agreement to jointly offer managed services and next-generation network modernization.

 

The deal valued at EUR300m over the next five years will facilitate Nokia Siemens Networks (News - Alert) to take control of Vivento Technical Services (VTS) a division of Vivento, Deutsche Telekom's personnel service provider.

 

Nokia Siemens Networks will also deliver a series of managed services to expand its mobile-phone networks in Europe, including next-generation IN (Intelligent Network), estimated at a value of up to EUR150m.

 

Rajeev Suri (News - Alert), head of Services at Nokia Siemens Networks commented in a statement to the press, “The integration of VTS into our portfolio supports our strategy of transforming into a services and solutions company and helps us become one of the leaders in the European managed services market. By combining the Managed Services contract and the next-generation equipment agreements with ongoing partnership and support from Deutsche Telekom, we see this as a compelling opportunity for Nokia Siemens Networks.”

 

Deutsche Telekom will support the continued business development of VTS by committing to use its service delivery capabilities, by placing additional service contracts with the company.

 

 

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