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Nokia sees more money in cable than in VR

Nokia’s strategy has changed direction more often than the wind, but it now seems set on a clearer course towards dominance in access, software defined infrastructure and systems integration. The Finnish company after all began as a pulp mill in 1865 and only settled down into telecoms infrastructure and technology in the 1990s. This led to its entry and dominant position in the mobile industry during the early noughties, when it contributed significantly to the GSM, 3G and LTE standards. It became the world’s largest maker of mobile phones and carried this dominance briefly into the smartphone era until its spectacular fall at the hands of Apple’s iPhone, exacerbated by backing the wrong horse with Microsoft. The plan then was to focus on mobile infrastructure…

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