Nokia Siemens signs BEE deal

November 21, 2007
In an effort to boost its black economic empowerment (BEE) credentials, Nokia Siemens Networks has sold a 26% stake in its South African holding entity, Nokia Siemens Networks Holdings RSA, to the Sekunjalo Group and Africom.
This transaction comes seven months after Nokia and Siemens decided to merge their network services.

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