Jorma Ollila Quotations

We strongly believe that the technological developments announced here today will provide the basis for a future of faster, easier and more cost effective mobile telephony services.

We have had to review our volume numbers upward month by month. I have a funny feeling next year will be another good growth year,

We have had to review our volume numbers upward month-by- month. I have a funny feeling next year will be another good growth year,

Mobile can drive Internet usage, so we all will benefit. The pie is growing, and everybody can get his or her slice.

Mobile can drive Internet usage, so we all will benefit,

One of the ways in which we've been able to perform better than our competitors is that we're fast to redirect our strategy, if there is a need to,

I am extremely pleased with Nokia's performance both during the fourth quarter and for the full year 2005. Nokia's sales grew 16 percent in 2005, the highest sales growth we have seen since 2000, while our EPS grew 20 percent.

Based on our strong performance and preliminary market data for the first nine months in 1998, we now feel confident in declaring that we have significantly increased our market share in mobile phones to become the largest manufacturer of mobile phones worldwide,

China currently has 380 million mobile subscribers. We believe that by 2010, China will have added another 250 million mobile subscribers, making it the single largest mobile market in the world.

We expect to have market share of 40 percent in the handset business, from our current position of 35 percent,

Half of the mobile phones sold this year will be sold in developing countries.

It is not a magical number but we set that number as a target to give a clear indication to everybody, both internally and to analysts and shareholders, of where our ambition and aggression level is, medium to long term,

Responsible policy makers do not make irresponsible decisions.

Our position in the fastest-growing market in the world continues to be strong.

With the expected launch of 3G (third generation) services, we believe China will enter a new era of mobility and will play a significant role in the global market.

We have a very strong position in a number of developing markets, where margins are higher.

We have a very good picture about the fourth quarter, as we said EPS and revenue growth is expected to be higher, but we can't put an exact number on it in this uncertain environment.

We anticipate that there will be a long-term sustainable demand for mobile telephony in the fast growing Indian market. In fact, we estimate that India will become the world's second biggest mobile device market when measured by volumes in year 2010.

We didn't see mobility and the Internet becoming such a big thing, in 1995,

We felt very strongly that this digital technology would really take the industry,

to reach or slightly exceed the high-end of our 1999 net sales growth target of 25-35 percent.

Current visibility suggest overall market volume for 2002 will reach our earlier eexpectations of 400 million units sold.

Europe has come a long way but is threatening to stop now that the need to work together is bigger than ever.

I understand that this prediction may have been disappointing to some of you, but let me assure you that my confidence in the overall prospects of Nokia remain unchanged,

The robust growth will continue and will exceed expectations, as it did this year.

The slowdown in Europe and the U.S. has not affected the way we look at China.

Profitability was driven by an excellent performance from our device businesses,

Despite the more difficult market conditions ... we expect to see solid growth for the first quarter as a whole, with better-than-anticipated margins,

The way the third quarter shaped up really is really proof that the growth we had in the first half of this year is continuing well into the second half,

Nokia is working closely with telecommunication service providers to reduce the cost of ownership and make more affordable and attractive handsets.

Nokia is working closely with operators and other stake holders to lower the total cost of ownership and usage of mobile communications.

It was pretty emotional to prepare to take the decision (to sell assets) to the board. Everybody would say, 'You know, you're taking our heart away and selling that. Why didn't you start with something else?'

A robust market coupled with our strong product portfolio and excellent execution produced outstanding results in a seasonally challenging first quarter.

The cooperation we have in training personnel will increase to the number of millions we'll invest.

India will be the second-largest mobile handset market globally by 2010 after China. Nokia is working closely with telecommunications service providers to reduce the cost of ownership and make more affordable and attractive handsets.

In mobile devices, we have been making excellent progress in expanding and upgrading our product offering, which is the broadest in the market and caters to all relevant consumers and trade customers globally,

In a three- to five-year time span, we will see a tremendous impact, with the mobility and Internet coming together,

In addition to continuous growth in voice communication, other industries like music and digital imaging are quickly becoming more integral to mobility.

For the combined Mainland China, Hong Kong and Taiwan markets, we now have an estimated device market share of well over 30%.

These have been exciting, unforgettable years. I remain strongly committed to Nokia and am keen to continue contributing to Nokia's strategy and renewal, helping it to build on its position as the undisputed leader in mobility,

The handset market is entering a new growth period spurred by the arrival of an increasing number of mass volume products with colour and multimedia messaging capability, all enriching the customer experience,

The first quarter seems to be the bottom of the industry, ... Unforunately, it's been a slower recovery in our view than what we saw a few months ago... that's because the rebound of the economy has been slower.

We expect the market for convergence devices to double to 100 million units in 2006,

We estimate that by 2010 China will have added another 250 million subscribers, strengthening its position as the single largest mobile market in the world,

Companies who have been able to groom CEOs internally have done significantly better. We came to the conclusion that the quality of several of the reviewed internal candidates was so high that it did not merit to go outside.

Nokia was number one for 14 years and still has the chance to be so again,