Corporate Vision June 2017

66 CORPORATE VISION / June 2017 , Powered by the research and innovation of Nokia Bell Labs, Nokia serves communications service providers, governments, large enterprises and consumers, with the industry’s most complete, end-to-end portfolio of products, services and licensing. From the enabling infrastructure for 5G and the Internet of Things, to emerging applications in virtual reality and digital health, we are shaping the future of technology to transform the human experience. A Global Technology Leader at the Heart of our Connected World Nokia is shaping the future of technology to transform the human experience. It is innovating the global nervous system, a seamless web of interconnected intelligence that senses and adapts to the world around it – a cognitive, self-learning network that fluidly responds and adapts, enhancing people live and work. Nokia is pushing the boundaries of what is possible, to create new ways of connecting people and services instantly and effortlessly. From a foundation of integrity, quality and security, Nokia helps its customers navigate the complex choices of the connected world, to unlock its opportunities and enable new and extraordinary experiences in people’s lives each day. That is why its focus is, and has always been, on people. Nokia creates technology that helps people thrive. It is through people and culture that Nokia is able to shape technology to serve human needs. Its pursuit of performance with integrity and sustainability – a culture that stems from the firm’s Finnish roots – is key to why its customers and partners choose to work with Nokia. From its beginning in 1865 as a single paper mill operation, Nokia has found and nurtured success in several sectors over the years, including cable, mobile devices, paper products, rubber boots and tires, and telecommunications infrastructure equipment. Nokia’s sector-by-sector success over the years has mirrored its geographical rise: from a Finnish-focused company until the 1980s with a growing Nordic and European presence; to a bona fide European company in the early 1990s; and onto a truly global company from the mid-1990s onward. With the acquisition of Alcatel-Lucent in 2016, the firm further deepens and widens its global reach. Nokia has been producing telecommunications equipment since the 1880s – almost since telephony began. It all began when Finnish Engineer, Fredrik Idestam, set up his initial wood pulp mill in Southern Finland in 1865, he took the first step in laying the foundation of Nokia’s capacity for innovating and finding opportunity. Sensing growing pulp product demand, Idestam opened a second mill a short time later on the Nokianvirta River, inspiring him to name his company Nokia AB. Idestam’s sense of endeavor would continue to prevail in the different phases Nokia would take. In the 1960s, Nokia became a conglomerate, comprised of rubber, cable, forestry, electronics and power generation businesses resulting from a merger of Idestam’s Nokia AB, and Finnish Cable Works Ltd, a phone and power cable producer founded in 1912, and other businesses. But it wasn’t long before transformation would call again. Deregulation of the European telecommunications industries in the 1980s triggered new thinking and fresh business models. In 1982, Nokia introduced both the first fully-digital local telephone exchange in Europe and the world’s first car phone for the Nordic Mobile Telephone analogue standard. The breakthrough of GSM (global system for mobile communications) in the 1980s introduced more efficient use of radio frequencies and higher- quality sound. The first GSM call was made with a Nokia phone over the Nokia-built network of a Finnish operator called Radiolinja in 1991. It was around this time that Nokia made the strategic decision to make telecommunications and mobile our core business. Its other businesses, including aluminium, cable, chemicals, paper, rubber, power plant, and television businesses were divested. By 1998, Nokia was the world leader in mobile phones, a position it enjoyed for more than a decade. And still, the business and technology worlds would continue to evolve, as would Nokia. 1701CV61