Building Snippetz la...ย โขย 23d
In 2014, Nokia was near bankruptcy. By 2024, it controlled 29% of the global 5G market. Hereโs how one โboringโ CEO pulled off the greatest corporate survival story of the decade. While Nokiaโs phone division was collapsing under Stephen Elopโs leadership, another part of the company was quietly thriving. Nokia Solutions and Networks had been unprofitable for years until 2009, when Rajeev Suri took charge. By 2014, it was profitable, stable, and keeping the rest of Nokia alive. Suri wasnโt an outsider. Heโd been with Nokia since 1990. When he became CEO in 2014, they finally had a leader built for crisis. From day one, his plan was clear: restructure, cut costs, and scale back dramatically. Nokia had to pivot. The question was โ pivot to what? The answer came from his old sector: focus on Networks, HERE, and Technologies. Then came the big bet. In 2015, Nokia acquired Alcatel-Lucent for $16.6 billion. The real prize? Bell Labs โ one of the most legendary R&D labs in telecom history, with over 29,000 patents. The target was clear: 5G. Nokia began building a network before the technology was commercially available. They couldnโt afford to be late, like in the smartphone race. The competition was fierce โ Huawei and Ericsson had bigger networks and deeper roots. But Nokia pushed forward. In 2018, after years of investment, they unveiled Reefshark โ a huge leap in 5G chip design. It delivered 84 Gbit/s bandwidth (3ร faster), was 50% smaller, and consumed 64% less power. Cheaper. Faster. More efficient. It marked a clear pivot from consumers (B2C) to businesses (B2B). Soon after came partnerships with NTT DOCOMO, Japanโs largest telecom operator, followed by AT&T, Vodafone, and more. By 2020, Nokia had 100+ commercial 5G agreements. By late 2024, that number was over 300. They now control 29% of the 5G market outside China, and their products support 6.4 billion+ subscriptions worldwide. Revenue, which had fallen below $6B before the Microsoft split, climbed by over $20B by 2022. Today, Nokiaโs market cap sits at around $25B โ a fraction of its peak โ but for the first time in 17 years, they have stability. They survived certain death.
Be real Be you.ย โขย 4m
Do you remember the Era of Nokia , When everything was going Good for them in year 2010 , Nokiaโs CEO โZIYAD Jawabra โ threw iPhone from the hands of News Anchor saying it as Trash . Post four years 2014 , Nokiaโs Faces huge loss, itโs biggest man
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Medialย โขย 8m
In 2000, Nokia ruled the worldโselling 7 phones every second and owning 70% of the market. But a decade later, it collapsed completely. How did the king of mobile phones fall so fast ? The rise and fall of Nokia, explained: Nokia started in 1865
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"Nokia's Iphone Killer helped kill itself " Billions To Bankruptcy #2 Most Selling Mobile phone to Failure(Nokia) In 1998, Nokia was the fast selling mobile brands globally.Nokiaโs profit was about 4 billion in 1999. In 2007 Apple came up with iP
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Reliance Jio has reportedly started deploying its own network products to strengthen its domestic 5G network across the country, signalling its motive to save huge costs Based on its partnership with the global brands, Nokia supplied equipment inclu
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Do you remember Nokia 3310 - the indestructible phone? Nokia was the king of phones between 1998 to 2011 (14 years) but it has now disappeared from the market. So what exactly webt wrong with this giant? In late 2000s there was a shift from featur
See MoreThatmoonemojiguy ๐ย โขย 3m
How Nokia Went from Icon to Cautionary Tale Once the king of mobile phones, Nokia ruled the world with its indestructible devices and catchy ringtones. But when the smartphone wave hit, Nokia blinked. While Apple redefined phones and Android took ov
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