Nokia-Siemens sees flat growth for telecom sector in 2013

Telecom equipment maker Nokia Siemens Networks today said it sees a flat growth for the telecom sector this year as operators are increasingly facing financial pressures.

"Strong growth rates now seem to be a difficult proposition. We see 2013 as a year of flat growth or may be there could be a slight improvement but overall it seems to be flat," Nokia Siemens Networks' (NSN) India Head Sandeep Girotra told reporters here.

Telecom operators are increasingly facing financial pressures and are responding with measures like network sharing, procurement joint ventures (JVs), he added.

Girotra added that 2013 would be more of a 3G year with investments centring around the technology.

On the financial viability of existing CDMA networks, he said, "There have been a lot of investments in CDMA so it is not possible stop it. NSN is looking at technologies that can help in evolving it into an LTE platform. We are working on such a thing."

On the company's restructuring, Girotra said such initiatives at NSN, the JV owned by Nokia Corp and Siemens AG, has started to bear fruits.

"Our net cash balance rose from just 12 million euro in December 2011 to 1.2 billion euro in December 2012. Also the total headcount has come down from 73,686 to 58,400 during the same period," he added.

That apart, NSN has a clear focus of becoming a product driven mobile broadband company, he said.

"We believe that mobile broadband is the sector of the future and will hold the market in the years to come. NSN will strategically concentrate its energies in this direction in further research and development," Girotra noted.

NSN also launched its first Service Management Capability Center (SMCC) in Noida in last year.

Nokia Siemens Networks Service Operations and Management portfolio offers operators different delivery models for end-to-end service management, which helps in improving customer experience and deliver a high-value differentiated service experience, he said.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Bureaucrats have enjoyed flying miles at taxpayer expense for too long

    The beleaguered Indian taxpayer will certainly applaud prime minister Narendra Modi’s attempt to deliver on his promise of cutting down fiscal defic

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: CHAIN REACTION

A domino effect is the cumulative effect produced when one ...

Zehra Naqvi

Rememberance and forgetting are crucial

Memories are so vital to our lives that they can ...

Dharmendra Khandal

Sandalwood may get extinct if not protected

When we talk of sandalwood, the most common usage that ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture