Nokia 2007 Annual Report Download - page 44
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Please find page 44 of the 2007 Nokia annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Internet access; and other IPbased services. Many of Nokia Siemens Networks core network products
are used in both fixed and mobile networks as part of socalled fixedmobile convergence.
IP Transport
focuses on transport networks, which are the underlying infrastructure for all fixed and
mobile networks. Consumer applications, the growth of the Internet and new services have resulted
in strong growth in bandwidth demand over these networks. IP Transport provides key elements for
highspeed next generation network connectivity including transmission systems for dense wave
length division multiplexers, or DWDM; and synchronous digital hierarchy, or SDH; IP routers; carrier
ethernet switches; and microwave radio equipment.
Operations and Business Software
provides operations and business support systems software.
Operations support systems seek to improve the operational efficiency of operators and reduce
network complexity, while business support systems let operators differentiate themselves from the
competition by enabling flexible pricing and charging of services and calling plans. Operations and
Business Software has five business lines:
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Element Operations
ensures that equipment within the network is maintained efficiently
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Network Management
integrates the management of multiple network technologies
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Service Management
automates the customer management of the operator and ensures end
users receive highquality services
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Middleware
provides a common software layer within the operator’s network
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Business Support Systems
provides prepaid, charging and care solutions
Broadband Access
produces digital subscriber line access multiplexers, passive optical network and
narrowband/multiservice equipment, as well as access switches for the fixedline telecommunications
industry. The business unit aims to provide costefficient high bandwidth for access networks,
enabling high quality “triple play” services such as highspeed Internet, VoIP and IPTV. It has a
comprehensive portfolio of fiber and copper line access equipment.
Services
offers operators a broad range of operation services, from consultancy to outsourced
operations; systems integration to hosting; and from network design to full turnkey solutions
including network care. Services has the capability to integrate software from virtually all vendors,
helping operators and service providers to achieve a higher quality of service with lower operating
and capital expenditure.
Compliance Program—Nokia Siemens Networks
Due to the ongoing criminal and other governmental investigations at Siemens, related to allegedly
unlawful transactions and payments, which include such activities within Siemens’ carrierrelated
operations transferred to Nokia Siemens Networks, the new company has placed the highest
importance on its compliance program.
In addition to a strong finance and control organization with internal financial controls designed to
ensure high standards of reporting and compliance with all applicable laws, Nokia Siemens Networks
is implementing an expanded compliance program. This program includes training programs and
defined, specialized approval processes for entering into business transactions with the potential for
corruption risks and for engaging thirdparty consultants in the sales process. Nokia Siemens
Networks has zero tolerance for financial or other business misconduct.
Nokia Siemens Networks’ Code of Conduct, based on the Nokia Code of Conduct, defines boundaries
between appropriate and inappropriate business behavior. According to the Code of Conduct, Nokia
Siemens Networks employees must not engage in activities that may lead to conflicts of interest, such
as any agreement or understanding regarding gifts, hospitality, favors, benefits or bribes in exchange
for gaining or maintaining business. The Code of Conduct is supported by the company’s anti
corruption compliance program, which includes, among other things, a detailed handbook, training,
and monthly reporting from key business personnel.
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