NSN sells IPTV assets “to focus on mobile”

Finnish telecoms equipment Nokia Siemens Networks has commented on the sale of its IPTV assets to New York-based consultancy Accenture, announced yesterday, by saying that the divestment is part of its strategy to focus on mobile broadband and services.

A total of 17 employees will be joining Accenture from Nokia Siemens Networks, and the transaction does not include the Nokia Siemens Networks’ Belgacom-related IPTV assets (revealed earlier this year).

Selected smaller IPTV customers are described as being “out of scope” of this latest transaction. Nokia Siemens Networks reports that it is working closely with these customers to identify the best possible way forward on a case by case basis.

Terms of the transaction were not disclosed.

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