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Author:

LongTerm CapGains

Subject:

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Date:

11/05/15 at 8:38 AM CST

 

 

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Reply to:

MSG`#3081,`11/05/15
By LongTerm CapGains

 

Re: NOK & ALU Upgraded

Just as a clarification, back when Nokia was dealing with plumeting sales of its handsets, Rajeev Suri was the Head of what was then called Nokia-Siemens Networks, a joint venture between iemens and Nokia.  He became the Nokia CEO after Nokia bought the Siemens part.  He is credited with ahndling the merger and running the division well.

He is also credited with selling the handset division to Microsoft.  Even though I was not happy that ALU accepted what I consider a low ball offer, I giive Rajeev Suri a lot of credit for getting a tremendous deal, one which fixes NOK's over dependence on wireless, i.e. mostly a one trick pony.

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