standard Former Nokia CEO Stephen Elop is now head of strategy at Telstra

Stephen Elop

Stephen Elop, former CEO of Nokia from 2010-2013, has now accepted a role at Telstra, Australia’s biggest telecommunications firm, as their chief of strategy. Elop is most famous for Nokia’s shift to Windows Phone and the Lumia range of products. After moving to Microsoft in 2014 as part of their acquisition of Nokia’s handset business, Stephen served as head of Microsoft Devices until June 2015.

Telstra holds roughly 50% of the Australian postpaid market for mobile devices, and is also the country’s largest provider of fixed-line communications. Originally founded by the Australian Goverment in 1975, they have been fully privatised since 2011. Following intense competition at home from Singtel Optus and Vodafone, in recent years Telstra has been looking to expand into other markets in Asia Pacific, primarily Philippines and Hong Kong, at the same time diversifying their portfolio beyond telecommunications into other areas such as cloud services for enterprise.

Regarding Elop’s new appointment, Telstra CEO Andy Penn stated that “Stephen will immediately add major firepower to our team with his extensive and deep technology experience and an innate sense of customer expectations.”

For a company looking to expand and evolve in to a bona-fide leader in the tech industry, someone with expertise such as Elop is a massive win.

Source – Re/Code

Also read: “Telstra’s high-tech calling card” – Australian Business Review