Nokia Siemens Networks Chief Operating Officer Mika Vehvilainen said Tuesday the company may be interested in buying some assets of Nortel Networks Corp. (NT.T) after a possible dismantling of the telecommunications equipment maker.

Vehvilainen said Nokia Siemens Networks isn't interested in buying Nortel as a whole.

Since filing for bankruptcy protection in January, Nortel has been following two paths: restructuring its operations in order to emerge as a viable entity, and pursuing the sale of its assets at a reasonable price.

Nokia Siemens Networks is a joint venture between Nokia Corp. (NOK) of Finland and Germany's Siemens AG (SI).

-By Aaron Back, Dow Jones Newswires; (8610) 6588-5848; aaron.back@dowjones.com