Nokia Siemens in Talks to Sell Fixed-Line Assets, Suri Says

Nokia Siemens Networks, the phone equipment venture between Nokia Oyj and Siemens AG, is in talks with potential buyers of its non-core assets, Chief Executive Officer Rajeev Suri said in an interview.

Nokia Siemens, which competes with Ericsson AB and Alcatel-Lucent as well as Chinese vendors such as Huawei Technologies Co., expects more divestments after it sold three divisions last quarter to refocus its business on mobile broadband, Suri said at the Mobile World Congress in Barcelona.