onal structure in a move to further align the company's overall structure with its related diversification corporate strategy. The new structure consists of 4 business groups: Mobile Phones, Multimedia, Networks, and Enterprise Solutions. This was quite a contrast from the early history of Nokia when engineer Fredrik Idestam opened up a wood-pulp mill in 1865. In 1898 the Finnish Rubber Works began using the Nokia brand for its galoshes, tires, and other rubber products. In 1912, the industrial conglomerate planted its seed in the telecom business by launching the Finnish Cable Networks. Throughout the 1960s and 1970s, new technology breakthroughs in converting analog sound signals to digital form for transmission gave birth to wireless technology. Using this technology, the Nordic countries collaborated to create the world's first multinational cellular network, called the Nordic Mobile Telephone (NMT) system. The NMT system became a great success because it allowed easy international roaming in the Nordic countries which are sparsely populated in a cold climatic weather, which made traditional land-lines cost prohibitive. It was significantly less expensive to link up individual subscribers ($500/person vs. $800/person using land-line) since it allowed far more phones than before to be connected to public radio networks.ii Nokia's mobile phone division, founded in 1979, made one of the very first phones for the network. Over the next decade, the Nordic standard was adopted by many other c
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