(Reuters) - Nokia on Thursday partnered with Alphabet's Google Cloud unit to build 5G core network infrastructure and allow business customers to … Nokia will have four P&L-responsible business groups structured around unique customer offerings, with ownership for becoming one of the market leaders in their respective sector. During that period, Nokia was a powerhouse in the handsets business. Lundmark was one of the Nokia executives in the 1990s and early 2000s. Inderes analyst Mikael Rautanen published an interesting articles exploring the path of Nokia selling its core networks business and transforming into a software company. Nokia stock jumped on the news of the executive shakeup. Features. Business News » Mobiles News Nokia 7.3 with 5,050mAh battery may launch soon HMD Global is reportedly planning to bring another smartphone, the Nokia 7.3 with a 5,050mAh battery. The 10 Best in-ear headphones. But throughout 2019 Nokia struggled to keep pace with its Chinese rivals, Huawei and ZTE ( OTC:ZTCOY ) , … Marcus Weldon, Nokia’s previous technology chief, stepped down late last month. Nokia announced a new strategy in October under which the company will have four business groups and CEO Pekka Lundmark said Nokia would "do whatever it takes" to take the lead in 5G. So, another business transformation wouldn’t be that surprising. They will also need to demonstrate a clear route for delivering shareholder value with … News US news Elections 2020 World news Environment Soccer US politics Business Tech Science Opinion The Guardian view Columnists ... About 337 results for Business + Nokia. In its 155-year long history, Nokia has been through a lot of transformations and the company has always managed to come on top of the problems. ETTelecom.com brings latest nokia news, views and updates from all top sources for the Indian Telecom industry. Business News. For a while, Nokia's business in China looked promising. Raghav Sahgal, President of Cloud and Network Services at Nokia, said: “With Nokia 5G standalone Core, we are pleased to be expanding our long-standing partnership with M1, enabling Singapore’s transformation to 5G by providing a host of new capabilities. ... wooing business partners and consumers. The latest breaking news, ... Business news in brief, Friday 2 November. In 2019, Nokia’s Fixed Access business amounted to around 10% of the company’s main networks business sales, with Mobile Access accounting for 64%. Under its new strategy, the Finnish company will give up on its longstanding end-to-end portfolio approach and operate under four business groups Mobile Networks, IP and Fixed Networks, Cloud and Network Services and Nokia Technologies.