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CEO of Nokia phone maker HMD Global departs

2017-07-21 02:00:00| Total Telecom industry news

The CEO of HMD Global, which owns the rights to the Nokia handset brand, has left just months after launching the company’s first slew of handsets. In a brief statement on Wednesday…read more on TotalTele.com »

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Nokia CEO 'disappointed' with 2016 sales

2017-02-03 01:00:00| Total Telecom industry news

Nokia CEO Rajeev Suri said this week he was disappointed by Nokia's topline performance iin 2016, but said improving market conditions point to a brighter 2017. The Finnish kit maker on Thursday reported full-year revenues of €23.95 billion, down 10% on 2015. Networks revenue fell 12% to &euro…read more on TotalTele.com »

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Former Nokia exec McDowell named CEO of Polycom

2016-09-07 15:34:00| Telecompaper Headlines

(Telecompaper) Polycom's new owner Sisis Capital has proposed its partner Mary McDowell as the new CEO of the videoconferencing specialist. Pending the closing of the takeover, expected in the next month, McDowell will replace Peter Leav as CEO. Prior to working as an Executive Partner at Siris Capital, McDowell was the EVP, Mobile Phones at Nokia, where she held global P&L responsibility for the feature phone business and associated software and digital services. She joined Nokia in 2004 to lead the Enterprise Solutions business and later served as Chief Development Officer.

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Telstra appoints former Nokia CEO Elop as technology chief

2016-03-16 09:25:00| Telecompaper Headlines

(Telecompaper) Telstra has appointed Stephen Elop its new Group Executive Technology, Innovation and Strategy, a newly created role. The Australian operator said Elop will be responsible for leading Telstra's strategy to become a world class technology company. He will report directly to CEO Andrew Penn and be based jointly in the US and Australia. Elop has held global executive roles with Nokia, Microsoft, Juniper, Adobe and Macromedia, including CEO of Nokia for three years, from 2010 to 2013.

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Nokia CEO says Alcatel buy will increase its 5G firepower

2015-11-18 22:18:39| Telecom - Topix.net

Rajeev Suri also told Reuters in an interview that the Finnish company was making rapid progress towards closing the acquisition, originally valued at 15.6 billion euro . The deal coincides with a major new industry investment cycle set to kick off next year to develop the next generation of 5G networks that are expected to start going mainstream around 2020, Suri said.

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