Juniper Networks and Nokia Siemens Networks are putting the finishing touches to a new Carrier Ethernet joint venture after receiving regulatory approval to push ahead with the scheme.
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The eponymously dubbed ‘Carrier Ethernet Solutions’ will be incorporated in the Netherlands and will specialise in Carrier Ethernet gear for mobile backhaul, business and residential broadband networks.
The JV is to be lead by Juniper VP and general manager of the Mobility and Circuit Emulation Business Unit, John Stewart, while Nokia Siemens senior manager of finance and control Ton van den Boom takes on the role of CFO.
“The JV will offer the industry’s best unified Carrier Ethernet solution from metro access to aggregation, fully interoperable with IP/MPLS core,” said an enthusiastic Stewart.
He added: “Our customers will be able to offer new revenue-generating services while lowering transport costs and TCO.”
The new firm will be split 60:40 between Juniper and Nokia Siemens and is set to go to market in the first calendar quarter of 2010.