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Former Nokia CEO Jorma Ollila, who steered the Finnish company to become the world's biggest maker of cellphones, has conceded that several mistakes were made during his tenure, including a failure to predict changing customers' needs and developing new software.

	

	 

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                    [Title] => Life still goes mobile for cellphone giant
                    [Summary] => Helsinki, Finland – At Nokia’s annual general meeting here, Nokia chairman and chief executive officer Jorma Ollila outlined the transformation of the mobile communications industry and Nokia’s strategy in the future. 


"As part of expanding mobility into the different areas of our lives, businesses and communities, Nokia launched a record 40 new mobile devices last year, and we expect to launch a similar number this year," Ollila said. 


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                    [Title] => Nokia reorganizes into four divisions
                    [Summary] => HELSINKI (AFP) – Nokia, the world’s leading mobile phone maker, said it would reorganize its corporate structure into four divisions to "focus on convergence, new mobility markets and growth."


The new group structure, to come into effect at the beginning of 2004, will divide Nokia into four separate business areas – Mobile Phones, Multimedia, Networks and Enterprise Solutions. 


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                    [Title] => Nokia focuses on new mobile growth markets
                    [Summary] => In simultaneous press events in Moscow and New Delhi, Nokia recently presented new solutions to help accelerate the growth of the global market for wireless communications. 


Nokia introduced new attractive mobile phones, business models and network solutions to make mobile calls more affordable, allowing new consumer groups to enjoy the benefits of mobility. 


Accessing this largely untapped market will make it possible for the worldwide mobile subscription base to reach two billion in 2008. Currently, there are about 1.2 billion mobile phone users in the world.


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JORMA OLLILA

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"As part of expanding mobility into the different areas of our lives, businesses and communities, Nokia launched a record 40 new mobile devices last year, and we expect to launch a similar number this year," Ollila said. 


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                    [Title] => Nokia reorganizes into four divisions
                    [Summary] => HELSINKI (AFP) – Nokia, the world’s leading mobile phone maker, said it would reorganize its corporate structure into four divisions to "focus on convergence, new mobility markets and growth."


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                    [Title] => Nokia focuses on new mobile growth markets
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Nokia introduced new attractive mobile phones, business models and network solutions to make mobile calls more affordable, allowing new consumer groups to enjoy the benefits of mobility. 


Accessing this largely untapped market will make it possible for the worldwide mobile subscription base to reach two billion in 2008. Currently, there are about 1.2 billion mobile phone users in the world.


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abtest

Former CEO concedes mistakes in Nokia's downturn

By Matti Huuhtanen | October 18, 2013 - 1:30am

Former Nokia CEO Jorma Ollila, who steered the Finnish company to become the world's biggest maker of cellphones, has conceded...

Business

Life still goes mobile for cellphone giant

April 5, 2004 - 12:00am

Helsinki, Finland – At Nokia’s annual general meeting here, Nokia chairman and chief executive officer Jorma Ollila outlined the transformation of the mobile communications industry and Nokia’s strategy...

Telecoms

Nokia reorganizes into four divisions

September 29, 2003 - 12:00am

HELSINKI (AFP) – Nokia, the world’s leading mobile phone maker, said it would reorganize its corporate structure into four divisions to "focus on convergence, new mobility markets and growth." The...

Telecoms

Nokia focuses on new mobile growth markets

September 8, 2003 - 12:00am

In simultaneous press events in Moscow and New Delhi, Nokia recently presented new solutions to help accelerate the growth of the global market for wireless communications. Nokia introduced new attractive mobile...

Telecoms