Nokia 2015 Annual Report Download - page 2

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Nokia is a global leader in the
technologies that connect people and
things. Powered by the innovation of
BellLabs and Nokia Technologies, we are
at the forefront of creating and licensing
the technologies that are increasingly at
the heart of our connected lives.
With state-of-the-art software, hardware
and services for any type of network,
weare uniquely positioned tohelp
communication service providers,
governments, and large enterprises
deliver on the promise of 5G, theCloud
and the Internet of Things (“IoT”).
The year 2015 marked our anniversary as a
150-year old company, being yet another year
of fundamental change as we took a major
step forward as the company shaping the
revolution in connectivity and digitization
inthe Programmable World.
Our transformation continued as we
announced our acquisition of Alcatel Lucent in
a deal that, in early 2016, made us the leading
player in multiple technology categories,
including 4G (“LTE”), 5G, IP, optical and
xednetworks.
We also sold our HERE digital mapping and
location services business to a German
automotive industry consortium (the
“Consortium”), another indication of our plan
to focus on seizing major opportunities to
positively impact people’s lives each day and
improve how we access and tap the power
ofconnectivity.
Our two main businesses in 2015,
NokiaNetworks, a top provider of mobile
connectivity infrastructure and services,
andNokia Technologies, our driver of future
innovation and licensing (Nokia Networks and
Nokia Technologies, together “Continuing
operations”), further demonstrated their
leadership in their respective elds with
solidnancial performances.
The strength of our businesses puts us
ingood stead as we move forward to make
the large and necessary investments to
successfully address the surmountable
challenges ahead of us—the huge demand
onnetwork performance and access and
theneed to simplify, optimize and automate
the complex ow of data across the network.
We closed 2015 in a position of strength,
areection not only on how we executed
onaday-to-day basis but of the values that
underpin our actions.