MAM

Rajeev Suri to take over as Nokia CEO and president

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/mam-images/2014/04/29/MAM%20people_0.JPG?itok=2MypGKxp

NEW DELHI: Rajeev Suri, who is taking over as the new president and CEO of Nokia, says the company will focus on three strong businesses – Networks, HERE (location cloud) and Technologies to position itself as one of the world’s largest software companies.

The new appointment follows the completion of the divestment of phone business to Microsoft in a $7.2 billion deal.

Apart from Suri, the new team will include Timo Ihamuotila who joins as executive vice president and group CFO; Michael Halbherr as CEO of HERE; Henry Tirri as executive VP, and acting head of technologies and Samih Elhage as executive VP and chief financial and operating officer of Networks.

The old team included Stephen Elop, Jo Harlow, Juha Putkiranta, Timo Toikkanen, and Chris Weber who have already stepped down. Louise Pentland, Juha Akras and Kai Oistamo will step down from Nokia next month.

Suri had recently turned round Nokia Solutions and Networks (NSN), the telecom network business, by axing around 17,000 resources, divesting non-viable businesses and bringing clarity to its mobile broadband focus. The NSN brand will disappear as part of the new restructuring and will be known as Nokia Network business. Suri will continue to head this business.

Nokia without the ailing phone business will focus on networks, location and technologies. Suri will draft fresh strategies for leadership position as NSN is behind Ericsson and Huawei in telecom network business.

Suri joined Nokia in 1995 and has held a range of leadership positions in the company. Since October 2009, he has served as CEO of NSN, the former joint venture between Nokia and Siemens that is now fully owned by Nokia.

Suri was instrumental in creating strategic clarity, driving innovation and growth, ensuring disciplined execution.

India-born Suri is the second to be elevated to a major post in an IT company in recent weeks, as vendor Microsoft had recently picked up Satya Nadella as its CEO.

Nokia believes that billions of connected devices will converge into intelligent and programmable systems over the next decade that will have the potential to improve lives in a vast number of areas: time and availability, transportation and resource consumption, learning and work, health, and wellness.

This new world of technology will require connectivity capable of handling massive numbers of devices and exponential increases in data traffic; location services that seamlessly bridge between the real and virtual worlds; and innovation, including in sensing, radio and low power technologies.

“Where it makes sense to do so, we will pursue shared opportunities between the businesses, but not at the expense of focus and discipline in each,” Suri added.

In 2013, Nokia invested 2.5 billion euros in research and development.

Through its networks business (formerly NSN), Nokia will invest in the innovative products and services needed by telecom operators to manage the increase in wireless data traffic which is more than doubling every year.

Nokia will invest in mobile broadband and related services and next-generation network technologies.

Nokia will invest to develop its location cloud to make it the leading source of location intelligence and experiences across many different operating systems, platforms and screen. The focus will be on technology for smart, connected cars; cloud-based services for personal mobility and location intelligence, including for the growing segment of wearables and special purpose devices; and location-based analytics for better business decisions.

Nokia plans to reduce interest bearing debt by around 2 billion euros by the end of the second quarter 2016.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/17/priyanka-chopra.jpg?itok=XZTdw8ib
Priyanka in new Pantene ad

Pantene, one of India’s leading hair care brands along with new brand ambassador Priyanka Chopra, launches a new and improved formula. The brand launches its biggest breakthrough in 30 years: Pantene’s new formula with PRO-V and goodness of oils making hair thicker, stronger in just 14 days.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/17/shanu-singh.jpg?itok=M5jb_3ds
E-com: Godrej Interio, IBM tie up

IBM has announced that Godrej Interio, the furniture division of Godrej & Boyce Mfg. Co. Ltd., is collaborating with IBM to capture the attention of the growing number of home furniture and accessories consumers.

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/17/Unpack-Your-Dreams.jpg?itok=YDAX1_lp
'Unpack Your Dreams', advise cricketers

Aristocrat has appointed Indian cricket champions Rohit Sharma and R. Ashwin as its ambassadors to endorse the brand’s new identity and stylish product line.

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/17/dish-tv.jpg?itok=cnk3-jZ2
Jahan Desh ke Rakshak wahan tak DishTV; special offer launched

There is no greater love, than the love for one’s country. As India celebrated the 69th Army Day on 15 January, DishTV paid tribute to the valour, indomitable spirit and determination of the brave soldiers of the Indian Armed Forces.

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/16/raj-nayak-and-asish-bashin.jpg?itok=kl9F_1OQ
Ad Club, AAAI to fight violence against women together

The Advertising Club (TAC) and the Advertising Agencies Association of India (AAAI) have combined forces to launch a campaign to pitch communication as a force for good and battle the scourge of violence against women.

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/16/policy-bazar.jpg?itok=tOsXapRD
Bhool Kar Bhi Mat Bhoolna Policybazaar.com

Policybazaar.com, India’s largest insurance website and comparison portal, has launched a new television campaign, with the tagline “Policybazaar.com Par Term Insurance Lena Bhool Kar Bhi Mat Bhoolna.” The campaign aims to highlight the importance of having a term insurance plan.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/17/anita-nayyer-800x800.jpg?itok=s_sM-f5v
Havas Media's new identity tells story of brand ethos; new logo embodies integration of services

Created by Havas (the creative division of the group, formerly known as Havas Worldwide) New York team, the new ‘h’ logo lockup comes from the concept that Havas (Group) is great because of the sum of its parts. In this spirit, the logo concept developed embodies the integration of services,...

MAM Media and Advertising Media Agencies
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/13/bluestone-800x800.jpg?itok=aHphRh4_
'Choose Your Twinkle' on Valentine's

BlueStone.com has launched a new campaign to further strengthen its position as the go to destination for modern contemporary jewellery. Reaching out to consumers through a new television commercial (TVC), the ad film showcases how beautiful jewellery connects emotionally, summing it up with the ‘...

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/13/poll-800x800.jpg?itok=kiCl5VHL
EC to screen govt ads; PM photo on hoardings disallowed

Even as the Election Commission has set up committees to screen and clear government advertisements in various forms in the five poll-bound states, it has asked the cabinet secretary to remove the prime minister Narendra Modi’s photograph from hoardings at petrol pumps in Goa and gas consumer...

MAM Marketing MAM

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories