As per the new agreement, both Nokia and Siemens are free to use their respective stakes in the company without the risk of being banned by the other company. Both the companies are planning on running the joint venture in the short term. Siemens owns a non-controlling stake in the venture and it has been looking to get rid of its non-core assets in the years to come. Siemens is likely to reduce its stake or leave the joint venture completely in the months to come. Nokia, meanwhile, finds itself in a soup.