Friday 16 May 2014

Nokia

Nokia Oyj[3] (Finnish: Nokia Oyj, Swedish: Nokia Abp; Finnish pronunciation: [ˈnokiɑ], English /ˈnɒkiə/) is a Finnish communications and information technology multinational corporation that is headquartered in Espoo, Finland.[1] The company provides Internet services, including applications, games, music, media and messaging services, including free-of-charge digital map information and navigation services delivered through its wholly owned subsidiary HERE.[4] Its Nokia Solutions and Networks subsidiary provides telecommunications network equipment and services.[5]

As of 2013, Nokia employed 90,000 people across 120 countries, conducts sales in more than 150 countries and reported annual revenues of around €12.7 billion.[2] Nokia is a public limited-liability company listed on the Helsinki Stock Exchange and New York Stock Exchange.[6] It is the world's 274th-largest company measured by 2013 revenues according to the Fortune Global 500.[7]

In September 2013, Nokia sold what was once the world's largest vendor of mobile phones to Microsoft as part of an overall deal totaling €5.44 billion (US$7.17 billion). Stephen Elop, Nokia's former CEO, and several other executives joined the new Microsoft Mobile subsidiary of Microsoft as part of the deal, which closed on 25 April 2014.[8][9]

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