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To: Eric L who wrote (97)	8/3/2001 2:36:22 PM
From: elmatador	Respond to of 356

Siemens set to downsize telecoms network division By Ouida Taaffe, Total Telecom 03 August 2001 German manufacturing giant Siemens AG is set to cut as many as 5,000 more jobs in its telecoms networks division, according to press reports Friday. Siemens said it could not comment on the report in The Financial Times Deutschland, but did point out that cost-cutting measures had been announced in the recent quarterly results. CEO Heinrich von Pierer has also previously expressed dissatisfaction with the performance of the Information and Communications Network unit and Roland Koch, the board member responsible for ICN, was forced to resign. The FTD article said that the activities of ICN could be merged, outsourced, or even closed entirely. ICN made an EBITDA loss of E562 million in the third quarter, even though a restructuring program announced in the spring had aimed to cut E1.2 billion a year out of the cost base. The target cost reduction for ICN is now E2 billion per annum. Siemens has already said it would cut 10,000 jobs this year in the group as a whole, of which more than 8,000 would be in the telecoms networks division. The other 2,000 job cuts will be made in Siemens Business Services, the IT service provider unit, but it's speculated that more jobs could also go in this division. A Siemens spokesman said today that the company aims to have operating margins of 8-11% by 2003.

To: Eric L who wrote (97)	8/24/2001 10:43:05 AM
From: elmatador	Respond to of 356

First GSM order in Brazil: Siemens supplies mobile communication technology to Telemar – Order volume of USD 256 million The Siemens Information and Communication Mobile (IC Mobile) Group has been selected by the Brazilian network operator Telemar S.A. as one of its main suppliers for its first GSM (Global System of Mobile Communication) network in Brazil. The order has a total volume of approximately USD 256 million for the next two years. The commercial kick off is planned for beginning of 2002. Siemens IC Mobile will supply and install infrastructure equipment for mobile communication technology for the construction of Telemar's wireless network in Brazil's Northeast. With more than 13 millions of fixed network subscribers, Telemar is currently the largest telecommunications carrier in Brazil and it will now build up the first GSM network in Brazil ever. The network supplied by Siemens IC Mobile will cover the states in the region "northeast" with 6 capitals and a total of over 26 million inhabitants. Brazil has more than 24 million mobile subscribers (June 2001) in total. This means a penetration rate of more than 14 percent. Until 2005, Brazilian market is expected to grow up to 55,6 million subscribers in total (penetration of around 24 percent). "After Brazil's decision in favor of GSM, this order is a major step in the Latin American market for IC Mobile," explained Rudi Lamprecht, member of the managing board at Siemens AG. "We already have customers in Chile, Venezuela and Argentina among others, what means we are well positioned in the Latin American market." With more than 560 million users (as at July 2001), GSM is the most successful mobile phone standard in the world. Siemens IC Mobile occupies third position worldwide among system providers for GSM mobile phone networks with more than 150 international customers in over 70 countries. The Siemens Information and Communication Mobile Group (IC Mobile) offers the complete range of mobile solutions including mobile devices, infrastructure and applications. Devices include mobile phones, wireless modules, mobile organizers and cordless phones as well as products for wireless home networks. The infrastructure portfolio includes the complete range of GSM, GPRS and UMTS mobile network technologies from base stations and switching systems to intelligent networks, e.g. for prepaid services. Applications cover mobile services for Unified Messaging, Location Based Services, and Mobile Payment. For the fiscal year 2000 (which ended September 30, 2000), IC Mobile recorded sales of EUR 9 billion and EBIT of EUR 758 million. The group employs 29,840 employees worldwide. (March 31, 2001). You can access further information about Siemens IC Mobile on the Internet at: siemens.de

To: Eric L who wrote (97)	10/2/2001 5:06:38 AM
From: elmatador	Respond to of 356

Motorola, Siemens plan mobile JV - report By James Mackenzie, Reuters 01 October 2001 German technology group Siemens AG on Monday declined to comment on a report that it was in talks with Motorola about a joint venture in wireless infrastructure or mobile handsets. The Wall Street Journal, citing people familiar with the situation, said in its online edition on Monday that a deal could create ventures with a total value of between $20 billion and $25 billion. Though the talks between Motorola and Siemens of Germany have been going on since the start of the summer, they were still at a delicate stage and could fall apart, the newspaper said, adding no announcement was imminent. Siemens remained tight-lipped on the report. "We do not comment on market speculation," a Siemens official told Reuters. Industry sources say that Siemens is looking closely at its mobile operations and examining a range of options including tie-ups and alliances with a number of the world's biggest manufacturers. The German group already cooperates with Japan's Toshiba Corp in developing new generation mobile handsets and industry observers have speculated that the two companies could be interested in a wider alliance. A joint venture with Motorola, the world's second biggest handset maker, would open up the potentially vast U.S. market to Siemens but there were doubts about the prospects of a quick solution to a large number of open issues, including brand positioning and differing technical standards. "There are more questions than answers at the moment," WestLB Panmure analyst Thomas Langer said. The world's leading handset makers have struggled to come up with a response to a sharp slow down in growth of demand for mobile handsets amid growing scepticism about the near-term prospects of new generation mobile Internet services. Ericsson , which vies with Siemens for the number three spot in the global handset market, is combining its loss-making mobile phone operations with Japanese electronics group Sony Corp and analysts say all the leading manufacturers are under pressure to respond to growing competition and weaker demand. Rudi Lamprecht, the head of Siemens' mobile phone division, indicated earlier this year that the German group was looking for opportunities as the sector consolidates. Siemens mobile phone operations made an underlying loss of 511 million euros ($467.1 million) in the third quarter to the end of June, largely due to losses in the mobile handset business and the costs of writing off the value of unsold inventory. Motorola, the world's number two mobile phone maker behind Nokia , said last month that third quarter sales would be flat with the second quarter, the latest in a string of sales warnings. It has also announced plans to shed 32,000 jobs in recent months, cutting its workforce by a fifth from the level at the end of last year. © 1999 Reuters Limited. All rights reserved. Related News Related Features Indonesia's Telkomsel in GSM expansion deals Pixo broadens service options for mobile carriers Motorola lands $455m Thai GPRS contract Bird reaches lofty heights in Chinese handset market Nokia loses market share as cellphone sales reverse India's Bharti Group awards $150 mln network order Korea's Samsung to supply mobile chips to Nokia News Analysis: 3G in Asia Pacific - Joint ventures drive equipment race Chinese mobile giant emerges Enterprise: Wireless Security - VPN user group mobilizes against hackers Feature: 3G Devices - Plotting a course for 3G News in brief Services: Ringing tones - Setting the tone