BRIEF-Nokia Siemens to buy Motorola assets for $1.2 bln

HELSINKI, July 19 (BestGrowthStock) – The world’s largest mobile
phone maker Nokia (NOK1V.HE: ):

* Says Nokia Siemens (SIEGn.DE: ) [NSN.UL] to buy Motorola
wireless network infrastructure assets

* Says value of deal $1.2 bln in cash

* Expects deal to close end-2010

* Says deal will not have impact on NSN financial
performance in 2010

* Says sees upside for profit, cash-flow boost from
deal

(Reporting by Helsinki Newsroom)

BRIEF-Nokia Siemens to buy Motorola assets for $1.2 bln