Business Services Industry

Nokia renews its business mobility strategy

Nordic Business Report, Sept 29, 2008

NORDIC BUSINESS REPORT-29 September 2008-Nokia renews its business mobility strategy(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish telecomms solutions provider Nokia (NYSE:NOK) (OMX Helsinki:NOK1V) announced on Monday (29 September) the renewal of its business mobility strategy.

Nokia will focus on bringing best-in-class devices and solutions to market by further strengthening strategic relationships with leading enterprise technology vendors, the company said.

Nokia plans to cease developing or marketing its own behind-the-firewall business mobility solutions. The appropriate technologies and expertise will be reallocated to Nokia's new consumer push e-mail service.

Going forward, Nokia plans to form its enterprise solutions offering by combining Nokia devices and applications with software solutions from industry leading enterprise vendors such as Microsoft, IBM, Cisco and others.

As a further step towards ensuring a clear focus on its core mobility business, Nokia is also announcing that it is in the advanced stages of discussions for the potential sale of its security appliances business to a financial investor.

Nokia, headquartered in Espoo, Finland, is a global mobile phone and network equipment manufacturer. The group has 112,300 employees worldwide and reported sales of over EUR51bn in 2007.

One British pound (GBP) is worth approximately 1.25 euros (EUR).

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