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Tag Archives: Siemens

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Nokia Siemens to focus on mobile broadband

We are not the only ones saying mobile broadband is the future. Nokia Siemens Networks, the equipment joint venture of Nokia and Siemens, said Wednesday that it planned to cut almost a quarter of its work force as it sought to bolster profit in a stagnating market for network gear. The company said it planned […]

Most of Siemens bribes were for telecom

Of the 4,283 bribery payments documented by the investigators, 2,505 (more than half) were made in relation to telecom contracts.   Of the total of USD 1,400.7 million disbursed, USD 813.9 million (more than half) were for telecom.  However, the complaint documents only three specific cases of large bribes paid in Vietnam, Bangladesh and Nigeria, all […]

Telecom corruption: Every country should check Siemens court papers

There are still some who talk about the value of government ownership of telecom operators. In their talk of national interest and local control, rarely is mentioned the word corruption. The recent case in which Siemens pleaded guilty to massive “accounting violations” and paid large fines should be of interest to all who care about […]

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