Nokia Siemens Networks closes the sale of Belgacom related IPTV assets

Nokia Siemens Networks has closed the sale of its Belgacom related IPTV assets to Belgacom. The divestment is part of Nokia Siemens Networks’ strategy to focus on mobile broadband and services.

As part of the transaction, Belgacom was granted a perpetual IP license on the IPTV software.

A total of 23 employees are joining Belgacom from Nokia Siemens Networks.

About Nokia Siemens Networks

Nokia Siemens Networks is the world’s specialist in mobile broadband. From the first ever call on GSM, to the first call on LTE, we operate at the forefront of each generation of mobile technology. Our global experts invent the new capabilities our customers need in their networks. We provide the world’s most efficient mobile networks, the intelligence to maximize the value of those networks, and the services to make it all work seamlessly.

With headquarters in Espoo, Finland, we operate in over 150 countries and had net sales of over 14 billion euros in 2011. http://www.nokiasiemensnetworks.com