The Hindu Business Line : Siemens tech for networks

On the merger, the Siemens Mobile Network President said that it was not because of new business or competition, but `size and the new structure of the markets with fixed and mobile access profiles.

Hong Kong , Dec. 6

`The new long-term evolution (LTE) technology for network access is not a break with the W-CDMA standard, but builds on it and would co-exist with 2G and 3G networks', said the President of Mobile Networks at Siemens, Mr Christoph Caselitz.

The LTE radio networks, he said, would be ready for the market by 2010.

Siemens Networks, which is pioneering this development in mobile communications, showcased this at the ITU Telecom World 2006/3G World Congress here.

`Subscribers to future mobile multimedia offerings would gear their expectations regarding quality to that of fixed networks. Applications such as games and films would place high bandwidth and latency demands on future mobile networks,' he said.

On the coming together of Siemens Network and Nokia Networks Business Group from January 1, 2007, he said this 50:50 joint venture would create a telecommunications powerhouse that would be called Nokia Siemens Networks.

`We have reached important milestones since the commencement of talks in July. We have got the approval from the authorities in the US and Germany. We are expecting to get the approval from the Chinese authorities within the next fortnight,' Mr Caselitz said.

Revenues

The company recorded revenues of 15.8 billion ($18 billion) in 2005. Without hinting about the expected rise in revenues this year, he said `it would be much higher in 2006.'

Its significant share in the fixed and mobile space and strong position in vertical markets augured well, he said.

To a query on the merger, he said that it was not because of new business or competition, but `size and the new structure of the markets with fixed and mobile access profiles. Further, we found a good partner and at the right time. Besides size, such relationships should be complementary as well,' he added.

While expressing optimism about the potential for growth in India, Mr Caselitz expressed concern about the `pricing.

More Stories on : Telecommunications | Broadband | Siemens Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page