Nokia

Statistics:

Public Company

Incorporated: 1865

Employees: 55,000

Sales: EUR 19.77 billion (US$19.93 billion) (1999)

Stock Exchanges: Helsinki Stockholm London Frankfurt Paris New York

Ticker Symbol: NOK

NAIC: 334210 Telephone Apparatus Manufacturing; 334220 Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing; 334290 Other Communications Equipment Manufacturing; 334419 Other Electronic Component Manufacturing

Company Perspectives:

Nokia is a leading international communications company, focused on the key growth areas of wireline and wireless telecommunications. Nokia is a pioneer in digital technology and wireless data communications, continuously bringing innovations to the highly competitive and growing telecommunications markets. Nokia is also actively involved in international R & D cooperation, including the development of the standards for third generation mobile telephony.

Key Dates:

1865: Nokia Company is founded as a maker of pulp and paper.

1898: Finnish Rubber Works is founded.

1912: Finnish Cable Works is formed.

1915: Nokia shares are first listed on the Helsinki exchange.

1967: Nokia merges with Finnish Rubber Works and Finnish Cable Works to form Nokia Corporation.

1979: Mobira Oy is formed as a mobile phone company.

1981: The first international cellular system, the Nordic Mobile Telephone network, comes on line, having been developed with the help of Nokia.

1982: Nokia acquires Mobira, which later becomes the Nokia Mobile Phones division.

1986: Company markets internationally the first Nokia mobile telephone.

1993: The first Nokia digital cellular phone hits the market.

1998: Nokia surpasses Motorola as the world's number one maker of mobile phones.

Company History:

Nokia Corporation is the world's largest manufacturer of mobile phones, with a worldwide market share of about 27 percent, far surpassing the number two player, Ericsson, which has about 17...