Hi all,

FYI. See link.

Take care,

Jay

July 28, 2011

Nokia Siemens Says Still Has Deal With LightSquared
By REUTERS
HELSINKI (Reuters) - Nokia Siemens Networks said it will still build a core network for telecom start-up LightSquared, despite speculation their deal will be called off after a new pact between LightSquared and U.S. carrier Sprint Nextel.

A spokesman for Nokia Siemens said the company would deliver an independent core network for LightSquared, but declined to say how much of the original contract would remain.

Last July the company unveiled an eight-year contract worth more than $7 billion -- covering core network, radio network and services -- which analysts said might be the largest order seen in the mobile telecoms gear industry.