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Nokia Siemens Said to Renegotiate Motorola Solutions Deal

Nokia Siemens Networks is seeking to renegotiate its $1.2 billion purchase of wireless network assets from Motorola Solutions Inc., according to two people close to the situation.

The network-equipment joint venture between Nokia Oyj and Siemens AG wants to exclude the Global System for Mobile communications, or GSM, unit from the acquisition and renegotiate the price accordingly in order to win antitrust approval by the Chinese government, said one of the people, who declined to be identified because the talks are private.