Finland acquires 3.3% stake in Nokia, but it’s not about phones

Finland is buying 3.3% of Nokia at a cost of more than $1.04 billion (844 million euros) to increase the Finnish influence over the company that is now focused on the telecoms market. The Finnish Government used its investment arm Solidium to go carry out the deal.
“We believe that this will be a good investment. One must remember that Nokia is Finland’s largest company and its Finnish ownership has been rather thin,” Solidium CEO Antti Makinen told Reuters.
Does this mean that Finland is trying to regain its dominance in phones from the recent …

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