DragonWave completes trade union talks for acquisition of Nokia Siemens microwave transport business


DragonWave, a global provider of packet
microwave radio systems for mobile and access networks, has completed the
required consultation process with Italian trade union representatives for the
planned acquisition of Nokia Siemens Networks’ microwave transport business.


DragonWave and Nokia Siemens Networks have determined that no merger control filings are
required in relation to the proposed acquisition. DragonWave and Nokia Siemens
Networks currently plan to close the transaction in the first quarter of
calendar 2012, in line with earlier expectations.


By Telecomlead.com Team
editor@telecomlead.com

Latest

More like this
Related

Canada asks 5% revenue share from online streaming services

Telecoms regulator said online streaming services operating in Canada...

Vodafone Idea reveals Capex, Opex, 4G coverage, ARPU in January-March

Vodafone Idea has revealed its financial result – Capex,...

Huawei revenue grew 37% to $24.64 bn in January-March quarter

Huawei Technologies said its revenue for the January-March quarter...

FCC okays T-Mobile’s $1.35 bn Acquisition of Mint Mobile

The U.S. Federal Communications Commission (FCC) announced its approval...