Nokia Hit by Loss of 2 Top Networks Execs
175490
Nokia said the head of its networks  unit had resigned and another senior networks executive left,  marking the second round of departures of top management in two  weeks at the world's top mobile phone maker.
112861
Two executive board members at Nokia resigned on Friday, bringing to three the number of top level managers to leave the worldâs largest producer of mobile phones in the last two weeks.
423696
Will recombine handset activities Three years after its last major reorganization, Nokia has announced another one, as new CEO Olli-Pekka Kallasvuo seeks to stamp his mark further on the firm and accelerate the push towards being a mobile internet company, his stated objective.â¦
30883
Nokia (NYSE:NOK), a world leader in mobile communications, announced recently that more than 750 mobility, business voice and security companies worldwide have joined the Nokia for Business Channel Program since its introduction just three months ago.
36773
Shares of the worldâs biggest maker of mobile networks fell 24% after announcing a drop in third-quarter profit amid weaker demand for equipment in Europe and the U.S.
134322
Mobile phone maker Nokia will lay off 2,300 employees at a German plant and move production to lower-cost European sites, the company announced Tuesday.Nokia plans to close the plant in Bochum, Germany, by midyear. Nokia also plans to close an automotive business there and is negotiating with Sasken Technologies to sell a Bochum-based software research and development entity, the company said in a news release.The Bochum site was not &quot;globally competitive,&quot; Nokia said. Additional investments would not make the site competitive, the company said.Nokia, based in Finland, announced last March that it was opening a manufacturing plant in Romania. The company also has a plant in Hungary.Market changes and &quot;increasing requirements for cost-effectiveness&quot; mean that &quot;production of mobile devices in Germany is no longer feasible for Nokia,&quot; Veli Sundb&#228;ck, executive vice president of Nokia, said in a statement. &quot;It cannot be operated in a way that meets the requirements for global cost efficiency and for flexible capacity growth. Therefore we have to make this tough decision.&quot;Nokia will negotiate with employee representatives to &quot;reach a satisfactory solution&quot; for everyone involved, the company said.
52853
With the 3GSM World Congress winding down, and with global broadband technology leaders Vodafone, Sierra Wireless, and Novatel Wireless all having demonstrated HSDPA and complementary HSUPA (for uplinks) cards and adapters apparently to very receptive audiences, Nokia decided this morning that its investment in a technology alliance with Intel to develop HSDPA chips for future Centrino Duo notebook computers may not pay off after all.
712394
Will Sprint-Nextel's strife never end? A week after announcing the loss of still more wireless subscribers, the cellular specialist today canned three more top execs while filing more lawsuits seeking financial damages.
350332
NOKIA&#39;S SALES SLIDE has been halted according to figures released by the Gartner Group. The analysts predict Nokia&#39;s share of the global market crept back to almost 30 per cent.
375302
Nokia said the head of its networks unit had resigned and another senior networks executive left, marking the second round of departures of top management in two weeks at the world&#39;s top mobile phone maker.
304119
Finland's Nokia, the top global mobile phone manufacturer, said Tuesday that it planned to close a factory in Germany by mid-year which employs 2,300 workers.
719119
The mobile phone giant Nokia said that Sari Baldauf, head of its networks unit and long seen as a possible successor to company chief Jorma Ollila, will leave the group early next year.
357061
Tough times continue at Sprint Nextel, as the company said Thursday that three of its top executives are on their way out.CFO Paul Saleh, Chief Marketing Officer (CMO) Tim Kelly, and President of Sales and Distribution Mark Angelino will leave the company on Friday, according to Sprint Nextel. It wasn&#39;t clear if the executives were leaving voluntarily or were being let go, and company spokeswoman Leigh Horner said in an e-mail that Sprint Nextel isn&#39;t &quot;commenting further or characterizing the nature of these departures.&quot;In a press statement, Sprint Nextel President and CEO Dan Hesse thanked the three for their &quot;dedication and contributions&quot; to the company, and wished them luck in future endeavors.Sprint Nextel is looking to replace the departing executives permanently, but in the meantime their duties are being handled by existing executives.William G. Arendt, currently senior vice president and controller of Sprint Nextel, will serve as acting CFO, while John Garcia, currently senior vice president, product development and management, will serve as acting CMO. Paget Alves, currently Sprint Nextel&#39;s regional president for sales and distribution, will serve as acting president, sales and distribution. All of these executives will report directly to Hesse.The news of the executive shake-up follows the announcement last week that&#160;Sprint would be laying off 4,000 employees and the close 125 of its 1,400 retail outlets&#160;due to the net loss of more than 100,000 customers in the fourth quarter of 2007. At the end of the year, Sprint said it had 53.8 million subscribers, including 40.8 million customers of its traditional post-paid service.The company plans to announce its full fourth-quarter results on Feb. 28.While Sprint struggles, rival carrier&#160;AT&amp;T seems to be doing better, thanks to its partnership as the&#160;exclusive service provider for Apple&#39;s iPhone&#160;device. AT&amp;T&#39;s revenue was up 2.9 percent in the fourth quarter of 2007, largely driven by increases in mobile phone and broadband customers, the company announced Thursday.AT&amp;T saw a net gain of 2.7 million mobile subscribers during the quarter, and most of them came to the company through its iPhone partnership, the company said. Apple said Tuesday it sold 2.3 million iPhones during the quarter.
552732
(InfoWorld) - Nokia isn't just a phone company any more. At least that's what executives at the company's headquarters in Helsinki say. In the "old days" of the 1990s, Nokia focused on developing technologies for communicating via voice and data, said Bob Iannucci, head of Nokia Research Center. But now and into the future, Nokia expects to move away from a telecom-centric approach into an information technology way of thinking, he said. The shift mimics a similar move in other industries, such as the computer market, that began centered on hardware. "Look at the PC," he said. "The market grows, devices become more capable, there's a shift in the value chain to software, services, and solutions." Similarly, now, Nokia isn't just about radios -- the component in mobile phones that communicates over the air, he said. Evidence of the change appears in an array of announcements from Nokia about partnerships with content companies and new software offerings. For example, Nokia has had agreements with Flickr and Yahoo Mail to link directly to those services on some Nokia phones. Also, on Tuesday, Nokia launched a new piece of software and aÂ service for displaying widgetsÂ on mobile phones. Nokia is so focused on software and services that its chief technology officer recently moved to New York City to be closer to companies that are global leaders in the industries. "The biggest software companies in the world are in the U.S.," said Tero Ojanpera, chief technology officer for Nokia, explaining his move. He named Microsoft, Yahoo, and Google as important companies that Nokia wishes to grow closer to. He also wants to be near the leading media companies. "Nokia, more and more, is a lifestyle company and that has to do with media," Ojanpera said. "The best in the world are in New York and Los Angeles." In addition, many of the venture capital companies that fund new technologies are based in Silicon Valley and he hopes to build closer relationships with them too. Ojanpera's list of Nokia's technology priorities indicate the shift in thinking at the company, which hasn't quite fully banished the radio yet. The priorities include: embrace the Internet, excel with software applications and services, win developers with a consistent architecture, and lead the multi-radio market.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
132597
NEW YORK/HELSINKI  - Finland's Nokia NOK1V.HE,   the world's top cell phone maker, on Tuesday introduced two   media phones and a music service in an bid to increase revenue   and win back popularity lost to rivals.
593275
Analysts predict that Nokia will gain much of the market share that Motorola is losing and that Samsung could soon become the world's second-largest handset vendor.
652547
On the heels of -- and perhaps in response to -- its recent struggles with declining market share, mobile-handset maker Nokia (NYSE: NOK) has signed former Coca-Cola executive Keith Pardy to head up its branding efforts. Pardy, a 17-year Coke veteran, was vice president of the company's non-cola branding efforts.