Nokia, a Finnish multinational company, has a rich history dating back to 1865 when it started as a single paper mill operation.
Over the years, the company has found success in various industrial sectors, including cable, paper products, rubber boots, tires, televisions, and mobile phones.
However, despite diversifying into other areas, Nokia remains synonymous with mobile phones, having produced some of the first commercially successful handsets.
In recent years, Nokia has undergone significant changes, including a rebranding effort to reflect its position as a B2B technology innovation leader focused on driving digital transformation. Nokia is no longer in the mobile phone business but is instead expanding into new frontiers, such as partnering with intuitive machines and lunar outpost to deploy the first cellular 4G/LTE network on the moon.
Nokia’s legacy of innovation can be traced back to the creation of Bell Telephone Laboratories in 1925 by Alexander Graham Bell’s team of engineers and scientists. Nokia later merged with two other companies to create a new Nokia Corporation, which was restructured into four major businesses: forestry, cable, rubber, and electronics.
Nokia’s dominance in the mobile phone industry was eventually challenged by the introduction of smartphones, notably the iPhone and Android. Despite its efforts to keep up with the competition, Nokia’s sales began to plummet, and it failed to capitalize on the smartphone boom with its own operating system, Symbian.
In 2014, Microsoft bought Nokia’s mobile phone business, but Nokia’s mobile phone operations were eventually resold to HMD Global Oy in 2016.
Today, Nokia phones are being sold by HMD Global, and Nokia has undergone a facelift, with a new visual identity and a focus on networks that have the power to transform the way we live and work.
Nokia is now focused on expanding its network capabilities, including the deployment of the first cellular 4G/LTE network on the moon in partnership with NASA.
At the Mobile World Congress, Nokia showcased two of Bell Labs’ latest research projects, which demonstrate the company’s commitment to innovation and its dedication to driving digital transformation in every industry.
