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Nokia selects Miami as site for new Latin America regional headquarters


New regional headquarters to leverage Miamiís position as a regional hub and allow Nokia to best serve rapidly growing markets throughout Latin America.

September 12, 2006 - Miami, FL, USA - Nokia today announced that it is establishing its new headquarters for Latin America in Miami, with region-wide functions such as sales and marketing to be based at the new premises.

ďLatin America is one of the most important growth markets in the mobile communications industry, and Nokiaís aim is to continuously expand its presence and leadership in the regionís markets,Ē said Maurizio Angelone, Senior Vice President, Customer and Market Operations, Nokia Latin America. ďMiamiís proximity to Latin American countries and its position as a regional transportation and communications hub make it the perfect location from which to better serve the needs of our customers in Latin America.Ē
The new offices will be operational in November 2006 and will occupy approximately 25,500 square feet at Miamiís Enterprise Zone. The company expects that the new regional headquarters will house close to one hundred Nokia employees within a year of opening.

Nokia currently employs more than 4,500 people in Latin America and has operations in 11 of the regionís countries. Worldwide, Nokia currently has more than 66,000 employees.

About Nokia
Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations.


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