for the mobile phone manufacturing division that was once owned by nokia see microsoft mobile . for other uses see nokia disambiguation . nokia corporation logo since 1966 main entrance of nokia headquarters in espoo type julkinen osakeyhti public company traded as euronext nokia nasdaq helsinki nokia nyse nok industry telecommunications equipment computer software founded 12 may 1865 ; 151 years ago 1865 05 12 tampere grand duchy of finland incorporated in nokia 1871 founders fredrik idestam leo mechelin eduard pol n headquarters espoo uusimaa finland 1 area served worldwide key people risto siilasmaa chairman rajeev suri president and ceo timo ihamuotila cfo products list of nokia products revenue 23.22 billion 2015 2 operating income 5.453 billion 2015 3 profit 1.68 billion 2015 3 total assets 45.06 billion 2015 3 total equity 9.44 billion 2015 3 number of employees 114 256 subsidiaries nokia networks nokia technologies alcatel lucent nokia bell labs website nokia nokia corporation 4 finnish nokia oyj finnish pronunciation noki uk n ki us no ki stylised as nokia is a finnish multinational communications and information technology company founded in 1865 . nokia is headquartered in espoo uusimaa in the greater helsinki metropolitan area . 1 in 2014 nokia employed 61 656 people across 120 countries did business in more than 150 countries and reported annual revenues of around 12.73 billion . 3 nokia is a public limited liability company listed on the helsinki stock exchange and new york stock exchange . 5 it is the world s 274th largest company measured by 2013 revenues according to the fortune global 500 . 6 the company is a component of the euro stoxx 50 stock market index . 7 the company has had various industries in its 151 year history originally founded as a pulp mill and currently focuses on large scale telecommunications infrastructures and technology development and licensing . 8 nokia is also a major contributor to the mobile telephony industry having assisted in development of the gsm and lte standards and was for a period the largest vendor of mobile phones in the world . nokia s dominance also extended into the smartphone industry through its symbian platform but was soon overshadowed by competitors . nokia eventually entered into a pact with microsoft in 2011 to exclusively use its windows phone platform on future smartphones . its mobile phone business was eventually bought by microsoft in an overall deal totaling 7.17 billion . 9 10 stephen elop nokia s former ceo and several other executives joined the new microsoft mobile subsidiary of microsoft as part of the deal which was completed on 25 april 2014 . 11 since the sale of its mobile phone business nokia began to focus more extensively on its telecommunications infrastructure business marked by the divestiture of its here maps division its foray in virtual reality and the acquisitions of french telecommunications company alcatel lucent and digital health maker withings in 2016 . 12 13 from late 2016 nokia s name will return to the mobile phone market through hmd global . contents 1 history 1.1 1865 1967 1.2 1967 1990 1.3 1990 2014 1.4 2014 present 2 operations 2.1 nokia networks 2.2 nokia technologies 2.3 alcatel lucent 2.4 nokia bell labs 3 corporate affairs 3.1 corporate governance 3.1.1 former corporate officers 3.2 stock 3.3 corporate culture 3.4 headquarters 4 logos 5 controversies 5.1 nsn s provision of intercept capability to iran 5.2 lex nokia 5.3 nokia apple patent dispute 5.4 alleged tax evasion in india 6 see also 7 references 8 further reading 9 external links history edit this article or section might be slanted towards recent events . please try to keep recent events in historical perspective . august 2015 learn how and when to remove this template message main article history of nokia 1865 1967 edit rolls of toilet paper produced by nokia in the 1960s museum centre vapriikki tampere nokia has a long history dating back to 1865 when fredrik idestam a mining engineer created a pulp mill near the town of tampere finland then in the russian empire . a second pulp mill was created in 1868 near the town of nokia itself nearby tampere . in 1871 idestam together with friend leo mechelin formed a shared company and called it nokia after the town of the second pulp mill . for the next 90 years nokia on its own would be a forest and power industry company with activities such as electricity generation . in 1922 nokia was jointly owned with a trio partnership with finnish cable works suomen kaapelitehdas formed in 1917 and finnish rubber works suomen gummitehdas formed in 1898 . finnish cable works manufactured telephone and electrical cables whereas finnish rubber works created galoshes and other rubber products . 1967 1990 edit in 1967 the three companies nokia aktiebolag nokia company suomen kaapelitehdas and suomen kumitehdas by then renamed from suomen gummitehdas merged and created the new nokia corporation the current form of the modern communications company . nokia corporation now boasted many industries including rubber forestry cable electricity and electronics . in the 1970s the newly formed conglomerate started entering the networking and radio industry . nokia also started making military equipment for finland s defence forces puolustusvoimat such as the sanomalaite m 90 communicator in 1983 and the m61 gas mask from the 1960s . the company was also making professional mobile radios telephone switches capacitors chemicals and personal computers under the name mikromikko by the nokia data division from 1981 to 1991 the predecessor of fujitsu siemens . in 1979 nokia went into a joint venture with television maker salora to create mobira which would lay out the foundation of nokia s future mobile phone division . in 1981 mobira launched the nordic mobile telephone nmt service the world s first international cellular network and the first to allow international roaming . then in 1982 mobira launched the mobira senator talkman car phone which can be considered as nokia s first mobile phone . at that time though nokia had no interest at all in mobile phones and the executive board considered mobile telephones as james bond gadgets . it is only due to the salo finland based salora mobira that the idea was pushed through . in 1987 finnish cable works discontinued production of cables at its helsinki factory effectively ending the sub company . nokian tyres nokian renkaat a tyre producer that was originally formed as a division of finnish rubber works in 1932 split away from nokia corporation in 1988 . two years later in 1990 finnish rubber works followed suit . this allowed nokia corporation to solely focus on communications . jorma ollila became ceo in 1992 . itt nokia television with an itt nokia vhs . itt sel . mobira 800 ndb non directional beacon . photographed in the finnish air force signals museum . old nokia mac 8532 laser rangefinder used by finnish coastal artillery . finnish artillery battalion command post container in h meenlinna artillery museum . fire control officer with nokia artillery calculator . lv 317m military radio in h meenlinna artillery museum . nokia license built prc 77 1177 with signal amplifier . a mikromikko 4 tt m216 desktop computer in the museum of technology helsinki finland . 1990 2014 edit mobira cityman 450 1985 a nokia 9000 communicator 1996 next to a nokia e7 communicator 2011 nokia s first fully portable mobile phone after the mobira senator car phone of 1982 was the mobira cityman 900 in 1987 . nokia assisted in the development of the gsm mobile standard in the 1980s and developed the first gsm network with siemens predecessor of nokia siemens network . the world s first gsm call was made by finnish prime minister harri holkeri on 1 july 1991 using nokia equipment on the 900 mhz band network built by nokia and operated by radiolinja . in november 1992 the nokia 1011 was the first commercially available mobile phone . in 1998 nokia overtook motorola and became the best selling mobile phone brand . until the new millennium nokia had a few remaining industries other than the core mobile phones such as crt displays for pcs until 2000 acquired by viewsonic dsl modems digital and analog set top boxes pc equipment and cards and televisions . most of these were gradually ended in the 2000s . nokia s mobile phones were incredibly successful in europe africa asia and oceania . nokia were also one of the pioneers of mobile gaming due to the popularity of snake which was pre loaded on many products . the 3310 is one of the company s most well known products and is noted today for its toughness . nokia created the best selling mobile phone of all time the nokia 1100 in 2003 . nokia s first camera phone was the 7650 and its successor 3600 3650 was the first camera phone in the north american market . the company would go on to become a successful camera phone maker the n93 in 2006 had an advanced camera with a twistable design that could switch between clamshell and a camcorder like position ; the n95 had a high resolution 5 megapixel flash camera ; n82 featured a xenon flash ; n8 had a high resolution 12 megapixel sensor ; the 808 pureview had a 41 megapixel sensor ; the lumia 920 implemented advanced pureview technologies . nokia s first imaging patent was filed back in 1994 which they revealed in 2013 . in 2003 nokia had an attempt to break into the portable gaming market by releasing the n gage . the device however was a failure and failed to challenge dominant nintendo . nokia s symbian s60 based high end phones and smartphones achieved popularity in the mid to late 2000s . for many years the smartphone platform was leading in europe and asia but lagged behind windows mobile palm os and blackberry in north america . 14 15 one notable successful device was the highly advanced n95 another was the metallic e71 in 2008 . later on competition heated up and the symbian platform that nokia were using was quickly becoming outdated and difficult for developers after the advent of iphone os and android . to counter this nokia started to develop a successor meego in 2010 . however in february 2011 nokia s new ceo stephen elop made a partnership with microsoft to use windows phone as its primary operating system and relegate symbian to a lower position . although the meego based n9 was met with a highly positive reception in 2011 nokia decided not to continue the meego project and solely focus on its microsoft partnership . after the announcement of the microsoft deal nokia s market share deteriorated because operators didn t want to purchase symbian devices when they realized nokia s focus and attention would be elsewhere . 16 nokia s first windows phone flagship was the lumia 800 which arrived in november 2011 . the falling sales in 2011 which were not being improved too much with the lumia line in 2012 led to consecutive quarters of huge losses . by mid 2012 with the company s stock price falling below 2 nokia almost became bankrupt . 17 18 the lumia 920 was announced in september 2012 which was seen by the press as the first high end windows phone that could challenge rivals due to its advanced feature set . meanwhile the company was making gains in developing countries with its asha range . although nokia s smartphone market share recovered in 2013 it was still not enough to improve the dire financial situation . the company had already been making huge losses for two years and in september 2013 announced the sale of its mobile and devices division to microsoft . the sale was positive for nokia to stop further disastrous financial figures and was also good for microsoft s