Retail in Asia

In Shops

Nokia Siemens shrinks 18 percent in 2009

Nokia Siemens Networks, which has suffered from a shrinking market, a loss of market share, and a number of M&A disappointments during the past year, has reported full-year 2009 revenues of EUR12.57 billion (USD17.6 billion), down 17.9 percent compared with 2008.