Bloomberg: New Nokia CEO should focus on selling company
Aug 23 2005 - 09:08 AM ET | Nokia
Matthew Lynn
writes for Bloomberg that the incoming CEO for Nokia should focus on selling the company. His reasoning is that while Nokia has had a great past 20 years dominating the mobile phone industry, it would be better positioned if it was part of a larger electronics company.
bq. "It would be better to sell now than to watch the brand steadily diminish in value."
The article goes on to cite market share losses in key markets like the US and China.
Earlier this month rumors broke about Cisco
being interested in buying Nokia.
