Juniper Networks and Nokia Siemens Networks (NSN) have announced they were granted regulatory approval to form a joint venture that addresses the Carrier Ethernet market.

The two companies first announced the joint venture in June as a continuation of their ongoing partnership to deliver service providers a fully interoperable Carrier Ethernet solution for mobile backhaul, business services and residential broadband networks.

The joint venture company is incorporated in Amsterdam under the name “Carrier Ethernet Solutions B.V.”

 

Juniper Networks (News - Alert), a provider of high-performance networking solutions, will own 60 percent while NSN, a global enabler of telecommunications services, will own the 40 percent.

 

John Stewart, previously vice president and general manager of the Mobility and Circuit Emulation Business Unit at Juniper Networks, will lead the joint venture company as chief executive officer. Ton van den Boom, previously senior manager in finance and control from Nokia Siemens Networks (News - Alert), will take on the role of chief financial officer.

 

The supervisory board of the company will be chaired by Manoj Leelanivas, senior vice president and general manager of the Edge and Aggregation Business Unit at Juniper Networks, while Bernd Schumacher, head of Broadband Connectivity Solutions at Nokia Siemens Networks, will serve as vice chairman.

 

Stewart says that the Juniper-NSN joint venture will offer the industry’s best unified Carrier Ethernet solution from metro access to aggregation, fully interoperable with

Internet Protocol/ Multi-Protocol Label Switching (IP/MPLS) core and managed by NSN’s `point and click` network management system.

 

The joint solution consists of Juniper Networks MX Series Ethernet Services Routers and Nokia Siemens Networks` A-series Carrier Ethernet Switches and end-to-end network management system including "point-and-click" provisioning.

 

“Our customers will be able to leverage the solution to offer new revenue-generating services while lowering transport costs and total cost of ownership,” Stewart said. “We look forward to offering this powerful solution to new and existing service provider customers.”