Nokia Ruled Phones Then It Sold Them

Nokia once sold roughly four out of every ten phones on Earth. In 2013, it agreed to sell its entire phone business to Microsoft for about 5.4 billion euros. So what went wrong? This documentary tells the story of Nokia: from a Finnish wood-pulp mill founded in 1865 to the world's biggest mobile phone maker, and the decisions that cost it the consumer phone market. Along the way: rubber boots, telegraph cables, a near-fatal debt crisis, the GSM boom, the iPhone shock, and the company's quieter second life in networks. CHAPTERS 0:00 The 2013 Sale 0:49 1865: A Paper Mill in Finland 1:25 Rubber, Cables and the 1967 Merger 1:49 A Conglomerate That Did Everything 2:04 The Mobile Phone Bet Begins 2:36 Debt, Crisis and a Near Sale 3:33 1992: A Radical Decision 3:56 The GSM Boom and the Golden Era 5:33 What Went Wrong 6:36 The Microsoft Deal 6:55 Nokia After Phones 7:33 The Lesson Note: figures such as peak market value and unit sales are widely reported estimates and can vary by source. The Timeline Tab tells the story behind the world's biggest companies. Subscribe for more videos on the history and turning points of iconic brands and dynasties. #Nokia #BusinessHistory #CompanyHistory