Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Today to a giant like Nokia these developments present no immediate threat but as Kallasvuo said: "Some have asked why Nokia reorganised when our business has been going so well. In other words, 'if it ain't broke, why fix it?' More often, companies reorganise only when they are forced to, long after a shift in the marketplace has made their business model obsolete. I believe that it is best for Nokia to transform itself 'ahead of the curve' to better position our company to take advantage of new growth opportunities."
The Nokia of today owes much to Kallasvuo's predecessor, Jorma Ollila, who became CEO in 1992 and took the strategic decision to divest all other businesses and focus solely on telecommunications. He left to become chairman of Shell in 2006 and was replace by Kallasvuo who has already done much in preparation for transforming Nokia 'ahead of the game'.
Under Kallasvuo Nokia has made a string of 'services related acquisitions: online music distributor Loudeye in August 2006; media sharing technology Twango in July 2007; mobile advertising technology and services company Enpocket in September 207; digital mapping company Navteq (announced in October 2007 and still pending) and, most recently, in January 2008, Norwegian software company, Trolltech in a move that it said would accelerate the implementation of its cross-platform software strategy for mobile devices and desktop applications, and develop its Internet services business.
It's unlikely he's done acquiring, but then neither have his new competitors. Microsoft's so-far failed bid to acquire Yahoo! shows how drastically the market is likely to be reshaped in the not too distant future as major players seek to cover all the bases - devices, software, content and services in an increasingly converged world.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
How to Make Business Discovery Work for Your Business
Business Discovery takes its cues from consumer apps. Like Google, it encourages us- ers to hunt for and explore data without worrying about or even noticing the underly- ing technology. Their entire experience is working within an intuitive interface to get real-time, self-service results with only minimal training. ...more
Try an easy-to-use set of web-enabled
tools for business-class productivity services. Office 365 provides
anywhere-access to email, important documents, contacts, and calendars
on almost any device.
