Nokia replaces CEO with Fortum boss Lundmark to revive 5G business

By on
Nokia replaces CEO with Fortum boss Lundmark to revive 5G business

Move reunites two figures from era when the Finnish company dominated mobile.

Nokia has rehired former executive Pekka Lundmark from energy group Fortum to lead the Finnish telecoms company's efforts to revive its faltering 5G business. Lundmark, who will succeed Rajeev Suri as Nokia chief executive in September, will team up with Sari Baldauf, the incoming chairman, in a ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
hardwarenokiasoftwaretelco/isp

Sponsored Whitepapers

Free eBook: Digital Transformation 101 – for banks
Free eBook: Digital Transformation 101 – for banks
Why financial services need to tackle their Middle Office
Why financial services need to tackle their Middle Office
Learn: The latest way to transfer files between customers
Learn: The latest way to transfer files between customers
Extracting the value of data using Unified Observability
Extracting the value of data using Unified Observability
Planning before the breach: You can’t protect what you can’t see
Planning before the breach: You can’t protect what you can’t see

Events

Most Read Articles

Services Australia sets changeover date for myGov

Services Australia sets changeover date for myGov
NSW Police dumps Bezos-backed Mark43 from core systems overhaul

NSW Police dumps Bezos-backed Mark43 from core systems overhaul
Australian court finds insurer not liable for ransomware clean-up costs

Australian court finds insurer not liable for ransomware clean-up costs
NBN Co proposes to axe CVC across all plans by mid-2026

NBN Co proposes to axe CVC across all plans by mid-2026

Digital Nation

COVER STORY: How KPMG, Mirvac and ASX use blockchain to build trust in the property sector
COVER STORY: How KPMG, Mirvac and ASX use blockchain to build trust in the property sector
Domino’s invests in observability for zero contact delivery
Domino’s invests in observability for zero contact delivery
Criteo to fork out $94.7m for consent breaches
Criteo to fork out $94.7m for consent breaches
Australia will lose 11 percent of jobs to automation by 2040: Forrester
Australia will lose 11 percent of jobs to automation by 2040: Forrester
Metaverses on the agenda for Dominello, Husic ministerial meeting
Metaverses on the agenda for Dominello, Husic ministerial meeting

Log In

  |  Forgot your password?