Nokia's Services & Software unit grows and ...

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Continued growth in investments in key Internet services areas

Espoo, Finland - Nokia's Services & Software unit today announced
plans to refine parts of its global research and development
activities. While Nokia continues to grow its investments in consumer
Internet services, the unit plans to integrate some of our content
delivery services into a single service to create a better experience
for consumers and to continue increasing investments into key
initiatives. Nokia's Internet services strategy continues unchanged
with a focus on key service areas such as music, games, messaging and
location based services.

Nokia has started today relevant local employee consultations to
discuss these plans. These plans concern approximately 200 employees
- approximately half in Finland - working in the Services & Software
unit. The aim is to find alternative solutions and work for as many
employees as possible within Nokia, at which the company has a good
track record from previous years.

"This year we plan to hire more people into the Services & Software
unit than the number of affected employees, so we expect that many
employees will be able to transition to new jobs within Nokia," said
Niklas Savander, Executive Vice President, Services & Software. "We
have made great progress with the initial offering this year and I
see great potential going forward as we bring context aware Internet
services to people's pockets. These changes will strengthen our
offerings and enable us to accelerate the delivery of new Internet
experiences to market."

About Nokia
Nokia is the world leader in mobility, driving the transformation and
growth of the converging Internet and communications industries. We
make a wide range of mobile devices with services and software that
enable people to experience music, navigation, video, television,
imaging, games, business mobility and more. Developing and growing
our offering of consumer Internet services, as well as our enterprise
solutions and software, is a key area of focus. We also provide
equipment, solutions and services for communications networks through
Nokia Siemens Networks.

Media Enquiries:

Nokia
Communications
Tel. [phone]
Email: [e-mail]


www.nokia.com


 
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