What’s in Fixed Networks Market for Nokia?

Nokia (NOK) recently announced a corporate structure reorganization that saw it create a new division to house its mobile and fixed networks businesses. While Nokia immediately named company veteran Tommi Uitto to oversee the mobile networks business, it said its head of the fixed networks business would be named in due course. Leaving this post unfilled for now could show Nokia is taking its time to appoint the best leader for the business, and it could also suggest that the company is placing a lot of importance on the fixed networks business.