Former chief of the Nokia Solutions and Networks unit becomes the telecom gear maker's CEO as Microsoft closes its deal for Nokia's handset unit.
With no mobile phone business, the chairman of Nokia's board acknowledges the challenges ahead but points to three product areas that he says will drive the company.
After it sells its phone business to Microsoft, Nokia will concentrate on its Here mapping services, its NSN network-equipment business, and licensing its technology and patents.
When the Microsoft deal closes, Nokia will get a new unit called Advanced Technologies. Just what will this unknown quantity be working on?
The Finnish handset maker will pay about $2.2 billion for the half of Nokia Siemens Networks that it doesn't already own.
The handset maker is getting squeezed on the high and low ends of the smartphone market. Cash and time are both running short.
Ruling bars Motorola from divulging trade secrets gained through its partnership with Huawei as the former looks to sell its wireless gear business to Nokia Siemens Networks.
Court grants temporary restraining order preventing Motorola from transferring sensitive information about Huawei to Nokia Siemens, which plans to buy Motorola's wireless equipment business.
Under pressure from the iPhone and Android devices, the company suffers a 21 percent drop in earnings for the fourth quarter. New CEO Stephen Elop says Nokia needs to "change faster."
Chinese telecom equipment maker Huawei is suing Motorola and asking a court to stop the sale of part of Motorola's wireless equipment business to Nokia Siemens.