New Nokia CEO Pekka Lundmark adopts wait and watch strategy in ‘dream job’

Nokia’s new chief executive Pekka Lundmark said he will take time to re-acquaint himself with the Finnish telecom equipment maker before setting a strategy, as the company jostles for position in the highly political 5G race.

US government pressure to limit the use of China’s Huawei presents an opportunity for Nokia as next generation technology is rolled out, but Lundmark would not be drawn.

“Maintaining good relations with governments in pretty much all parts of the world is extremely important,” Lundmark said in a video interview with Reuters on Friday. “We are talking to governments in different parts of the world, but that’s pretty much business as usual for us.”