* Has won a fourth LTE technology order
* Says market battle less irrational
* Plans no further appeal against Ciena-Nortel deal
By Tarmo Virki, European technology correspondent
HELSINKI, Dec 3 (Reuters) - Nokia Siemens Networks [NSN.UL] is set to unveil its fourth order for new LTE network technology shortly, its chief executive Rajeev Suri said on Thursday.
Telecom gear makers have been hit hard by the recession, which has crimped operator spending, and by tough competition from China’s Huawei [HWT.UL] and ZTE (0763.HK).
Orders for the new LTE technology are seen as critical for the struggling vendors like Nokia Siemens and Alcatel-Lucent ALUA.PA.
Suri said the battle among telecom equipment vendors had not worsened.
“I dont’s see any irrationality or significant worsening of the price erosion,” Suri told reporters, adding that the ailing venture would generate cash this year.
Nokia Siemens aims to win more market share next year in a flat market, with its operating profit margin to reach at best 2 percent, the company forecast on Wednesday.
Its ailing rival Alcatel-Lucent targets 5 percent operating profit margin next year, while it sees the market growing at best 5 percent.
Suri said the company would be more agressive than elsewhere for winning deals in key markets — India, Brazil, U.S., China, Russia and Japan — but it was not ready to dump prices to win deals on these markets.
“We will continue to have deal discipline,” he said.
Bankruptcy courts cleared on Wednesday Ciena Corp’s CIEN.O acquisition of a unit of bankrupt Nortel Networks Inc NRTLQ.PK for $769 million after fighting off a legal challenge by Nokia Siemens Networks. [nN0211773]
Suri said the company respects the decision and plans no further appeals against it.
(Editing by Greg Mahlich)
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