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May 26, 2015 11:15 AM ET

Communications Equipment

Company Overview of Nokia Corporation

Company Overview

Nokia Corporation, together with its subsidiaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally. The company operates through four segments: Mobile Broadband, Global Services, HERE, and Nokia Technologies. The Mobile Broadband offers network solutions for mobile voice and data services through its Radio and Core clusters for mobile operators. The Global Services segment offers various services for mobile operators, such as network implementation services to build, expand, or modernize communications network; undertaking software and hardware maintenance, ...

Karaportti 3

PO Box 226

Espoo,  45

Finland

Founded in 1865

62,783 Employees

Phone:

358 1044 88000

Fax:

358 1044 81002

Key Executives for Nokia Corporation

Chairman of Nokia Group Leader Ship Team, Chief Executive Officer and President
Age: 47
Total Annual Compensation: $2.7M
Group Chief Financial Officer, Executive Vice President and Member of Nokia Group Leader Ship Team
Age: 48
Total Annual Compensation: $1.6M
Member of Group Leadership Team and President of HERE
Age: 51
Total Annual Compensation: $588.8K
Chief Financial & Operating Officer of Networks, Executive Vice President and Member of Nokia Group Leader Ship Team
Age: 53
Total Annual Compensation: $1.3M
Member of The Group Leadership Team and President of Technologies
Age: 50
Total Annual Compensation: $328.5K
Compensation as of Fiscal Year 2014.

Nokia Corporation Key Developments

Nokia CEO Says Not In a Hurry To Sell HERE

Nokia Corporation (HLSE:NOK1V) is in no hurry to sell its mapping unit HERE Holding Corporation despite receiving high quality bids, Chief Executive Rajeev Suri said in a trade magazine interview. Telecoms network equipment maker Nokia began a strategic review of its maps business.

Essar Global Pulls Out Of Acquisition Of Nokia's Chennai Mobile Manufacturing Unit

Essar Global Holdings Limited pull out of acquisition of Nokia Corporation (HLSE:NOK1V). Essar Group said on May 21, 2015, that it is no longer interested in buying Nokia's Chennai mobile manufacturing unit. "In recent times there has been a spate of media reports on Essar acquiring Nokia's Chennai plant. Essar confirms that it is no longer pursuing the deal and therefore categorically denies the media speculation around this subject," Essar said in statement.

Delhi High Court Will Grant Permission To Sell Nokia's Chennai Production Plant After Receiving Evaluation

The Delhi High Court has not given Nokia Corporation (HLSE:NOK1V) the permission to sell its production plant in Chennai in India. Delhi High Court will only grant permission after receiving an assessment of the value of the plant which will be submitted in September 2015. The evaluation is prepared by Ernst & Young.

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