Nokia is 150 today and it started out much different to what people may think,most people know me for being a huge Nokia fan which i am some 20 years now and i still am,to prove it i have some 160 Nokia branded devices in my personal collection which i currently own and treasure today,and make no mistake people do want to see Nokia come back once again and rule the handset market once more,will it happen is the question people ask,well time will tell.
“Today is a moment for all Nokia employees, and indeed all people who have been touched by Nokia over the years, to celebrate a truly significant milestone in the company’s history” Nokia President and CEO Rajeev Suri said.
“Our history is one of change: from paper to cables, rubber boots to TVs, and mobile phones to the Nokia of today. For 150 years we have embraced such change, emerging stronger as a result, and our recent Alcatel-Lucent announcement marks another such pivotal moment. We are moving forward with conviction, confidence and humility, fully focused on realizing the potential of an increasingly connected world,” Suri said.
It is from this foundation of strength that Nokia announced the next step in its transformation on April 15, 2015: the combination with Alcatel-Lucent to create an innovation leader in next generation technology and services for an IP connected world. Planning for this transaction is already underway, and the company continues to expect it to close in the first half of 2016. The proposed transaction is subject to approval by Nokia’s shareholders, completion of relevant works council consultations, receipt of regulatory approvals and other customary conditions.
Who founded Nokia – Fredrik Idestam .
Nokia’s history dates back to 1865, when mining engineer Fredrik Idestam set up his first wood pulp mill at the Tammerkoski Rapids in Southwestern Finland. A few years later he opened a second mill on the banks of the Nokianvirta river, inspiring him to name his company Nokia Ab in 1871.
1967 – Nokia Corporation is born as a result of the merger of Idestam’s Nokia AB, Finnish Rubber Works, a manufacturer of rubber boots, tires and other rubber products founded in 1898, and Finnish Cable Works Ltd, a manufacturer of telephone and power cables founded in 1912. The new Nokia Corporation had five businesses: rubber, cable, forestry, electronics and power generation.
Nokia first entered the telecommunications equipment market in 1960 when an electronics department was established at Finnish Cable Works to concentrate on the production of radio-transmission equipment. Regulatory and technological reforms have played a role in our success. Deregulation of the European telecommunications industries since the late 1980s has stimulated competition and boosted customer demand.
In 1982, Nokia introduced the first fully-digital local telephone exchange in Europe, and, in the same year, the world’s first car phone for the Nordic Mobile Telephone analog standard. The technological breakthrough of GSM, which made more efficient use of frequencies and had greater capacity in addition to high-quality sound, was followed by the European resolution in 1987 to adopt GSM as the European digital standard by July 1, 1991. The first GSM call was made with a Nokia phone over the Nokia-built network of a Finnish operator called Radiolinja in 1991, and in the same year Nokia won contracts to supply GSM networks in other European countries.
In the early 1990s, Nokia made a strategic decision to make telecommunications their core business, with the goal of establishing leadership in every major global market. Basic industry and non-telecommunications operations—including paper, personal computer, rubber, footwear, chemicals, power plant, cable, aluminum and television businesses—were divested between 1989 and 1996. By 1998, Nokia was the world leader in mobile phones, a position it enjoyed for more than a decade.
In 2006, Nokia, which had already been investing in its mapping capabilities for many years, acquired Gate5, a mapping software specialist, and then in 2008 NAVTEQ, the US-based maker of digital mapping and navigational software. Today, Nokia offers leading location services through the HERE business and brand, launched in 2012.
In 2007, Nokia combined its telecoms infrastructure operations with those of Siemens to form a joint venture named Nokia Siemens Networks. NSN has become a leading global provider of telecommunications infrastructure, with a focus on offering innovative mobile broadband technology and services.
In 2011, Nokia joined forces with Microsoft to strengthen its position in the highly competitive smartphone market. Nokia adopted the Windows Phone operating system for smart devices and through their strategic partnership Nokia and Microsoft set about establishing an alternative ecosystem to rival iOS and Android. In 2011, Nokia also started to make a number of changes to its operations and company culture that would in the course of the next two years lead to shortened product development times, improved product quality and better responsiveness to market demand.
In 2013, Nokia moved to reinvent itself with two transformative transactions. The first was the purchase of Siemens’ stake in NSN, which was nearing the end of a deep restructuring and remarkable transformation. The second was the announcement of the sale of substantially all of Nokia’s Devices & Services business to Microsoft. The Microsoft transaction was originally announced on September 3, 2013 and was completed on April 25, 2014.
Following the closing of the transaction, Nokia announced its new vision and strategy, building on its three strong businesses; Nokia Networks, HERE, and Nokia Technologies.Which still thrive today.
Source Device images are my own and can be freely shared.