Nokia gave further details on its post-device strategy by revealing it is establishing a $100 million (€72 million) investment fund for companies developing connected car technology.
In discussing Cloud RAN and Centralized RAN (C-RAN) distributed base station architectures, the related topic of shifting services away from the network core often pops up.
It has finally come to pass: no longer will Nokia make mobile phones, and for those of us who have watched and monitored the company over past decades it really is the end of an era. The Nokia we knew is no more now that the deal to sell its devices unit has finally gone through. Microsoft also appears to have little intention of keeping the famous phone brand, according to recent remarks by former Nokia CEO Stephen Elop.
Nokia elevated soft-spoken yet intensely competitive Rajeev Suri to its president and CEO position, which was no surprise given his deft handling of the turnaround at the firm's network infrastructure unit, Nokia Solutions and Networks, which he has headed since 2009. Suri will assume the combined role on May 1.
Nokia confirmed Rajeev Suri as its new president and CEO, a day after its former chief said Microsoft will seek to quickly phase out the Finnish company's brand from its future smartphones.
Now that Microsoft's $7.5 billion deal to buy Nokia's devices and services business has officially closed, Microsoft is starting to reveal some changes that are coming. One, according to Microsoft executive Stephen Elop, is that Microsoft does not plan on using the Nokia brand for much longer for Nokia's smartphones.
Android remained the top mobile operating system in the first quarter of 2014 with a 70.7 per cent share, while Apple was in second position at 19.2 per cent according to latest smartphone sales figures from Kantar Worldpanel ComTech.
Rajeev Suri was again tipped to be named as Nokia's new CEO when the company reports first-quarter 2014 results on April 29, as the company also prepares to complete the sale of its devices business to Microsoft.
The nation's largest wireless carriers and device makers banded together to support voluntary anti-theft measures for smartphones released starting next year. The action comes amid mounting efforts by state lawmaker to mandate so-called "kill switches" in smartphones and tablets that would render the devices useless if stolen.
How did the wireless industry perform in the first quarter of 2014? Check here throughout the first-quarter earnings report season for full earnings reports from the wireless industry's carriers,...