By Telecom Lead Team: Revenue share
of Nokia Siemens, telecommunications infrastructure major, from Asia Pacific
telecom market (excluding China market) has improved by 4 percent in 2011.
The Asia Pacific telecom market
contributed 27 percent of the total revenue by registering sales of EUR 3.84
billion in 2011 against EUR 2.91 billion in 2010. In 2011, total sales of Nokia
Siemens Networks were EUR 14.04 billion (EUR 12.66 billion).
India telecom market is the major
contributors to the revenue in the Asia Pacific region. China alone contributes
10 percent to total revenue at EUR 1.46 billion.
The contribution and growth of Asia
Pacific region is significant as compared with other regions. Sales in Europe
and the Middle East and Africa region showed negative growth with -3 percent
and -4 percent. However, Europe is still the largest market for Nokia Siemens.
(Please see the geographical telecom
markets and revenue contribution at the end of the article)
Throughout 2011, Nokia Siemens
Networks announced a number of contracts in the key area of mobile broadband,
including LTE deals with STC in Saudi Arabia, Latvijas Mobilais Telefons in Latvia;
with TeliaSonera in Finland, Bell in Canada, LG U+ and SK Telecom in Korea,
Telecom Italia and Telefonica O2 in Germany.
To further support its focus on
mobile broadband, Nokia Siemens Networks also outlined its vision for how
broadband must be delivered in the future via Liquid Net; unveiled three new
TD-LTE devices to supply communications service providers and enable the market
for TD-LTE; agreed to establish a mobile broadband focused SmartLab with the
Skolkovo Foundation in Russia; and set-up a joint venture to build 4G LTE
equipment with Micran in Tomsk, Russia.
|
NOKIA SIEMENS NETWORKS NET SALES |
|||
|
EUR millions |
2011 |
2010 |
YoY Change |
|
Europe |
4 469 |
4 628 |
-3% |
|
Middle East & Africa |
1 391 |
1 451 |
-4% |
|
Greater China |
1 465 |
1 451 |
1% |
|
Asia-Pacific |
3 848 |
2 915 |
32% |
|
North America |
1 077 |
735 |
47% |
|
Latin America |
1 791 |
1 481 |
21% |
|
Total |
14 041 |
12 661 |
11% |
In November 2011, Nokia Siemens
Networks announced a new strategy, including changes to its organizational
structure and a significant restructuring program aimed at making the company
an undisputed leader in mobile broadband and services and improving the company’s
competitiveness and profitability.
As part of its new strategy, Nokia
Siemens Networks is focusing on mobile broadband and services, and as such has
announced a number of planned divestments, with the sale of its Microwave
Transport business to DragonWave, its fixed line Broadband Access business to
ADTRAN and its WiMAX unit to NewNet Communications Technologies.
