The bastard child of Nokia and Siemens had its acquisition of Motorola Inc. (NYSE: MOT)'s assets approved by Chinese regulators, and it turned a small profit in the first quarter. Here is a link list for both news items to give you a catch-up on Thursday's happenings:
Chinese regulators approve sale of Motorola assets to Nokia Siemens.
NSN reports a (non-IFRS gross) profit of €854 million (US$1.2 billion), which is up slightly from the year-ago quarter but down 18 percent compared to the €1.04 billion ($1.5 billion) it reported in the final quarter of 2010.
- Nokia Posts Q1
- Nokia Puts Microsoft Strategy Into Action
- At Last: Ethernet Backhaul Booms for Carriers
- CTIA 2011: NSN Makes Liquid Radio Splash
- Signs of Growth at NSN
— Phil Harvey, Editor-in-Chief, Light Reading