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| Author: | Baker, S. |
| Title: | Nokia is shopping for a new number |
| Journal: | Business Week
1999 : APR. 5, VOL. 3607:937, p. 25 |
| Index terms: | Companies Information technology Communication Internet Finland Europe |
| Language: | eng |
| Abstract: | Nokia CEO Jorma Ollila has USD 9 billion to shop for acquisitions to help develop the mobile Internet. While a powerhouse in handsets, Nokia risks becoming an also-ran in the telecom systems business which represents a third of Nokia's sales. The trouble is that Nokia, like many of its competitors in Europe, is a featherweight in Internet technology. This is a fast growing field dominated by North American titans like Cisco Systems, Nortel, and Lucent Technologies. |
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