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Nokia Buys U.s.-Based Sac Wireless


Ron Burgundy
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The flagship store of Finnish mobile phone manufacturer Nokia is pictured in HelsinkiHELSINKI (Reuters) - Finnish telecommunications gear maker Nokia said on Wednesday it would buy U.S. -based SAC Wireless, which installs wireless network equipment. SAC Wireless, based in Schaumburg, Illinois, has roughly 450 employees and has worked with major telecom operators, Nokia said in a statement. Nokia said that the acquisition would help Nokia win market share in network implementation. It did not reveal the purchase price. (Reporting by Sakari Suoninen)




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