Nokia 2007 Annual Report Download - page 44

Internet access; and other IPbased services. Many of Nokia Siemens Networks core network products
are used in both fixed and mobile networks as part of socalled fixedmobile 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
highspeed 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 highquality 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/multiservice equipment, as well as access switches for the fixedline telecommunications
industry. The business unit aims to provide costefficient high bandwidth for access networks,
enabling high quality “triple play” services such as highspeed 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’ carrierrelated
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 thirdparty 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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