Discontented Nokia Shareholders Challenge Leadership

A group of anonymous highly discontented Nokia shareholders have released details of a manifesto to challenge, in particular, the Finnish company's decision to partner with Microsoft.

In the aftermath of Nokia's announcement that the company will be working with Microsoft to make smartphones based on its Windows Phone 7 OS, the nine Nokia shareholders have started a campaign to bring the company back on the 'right' track.

The Nokia Plan B manifesto, outlines an agenda and set of actions that must be undertaken to discourage Nokia from further getting into its 'detrimental' partnership with Nokia.

“We are a group of nine young Nokia shareholders. All of us have worked with Nokia in different capacities in the past. We plan to challenge the company’s strategy and partnership with Microsoft in the next Annual General Meeting scheduled for May 3, 2011,” the group said.

Two of the main actions on the agenda outlined by the Nokia Plan B group are; removing current Nokia CEO and president Stephen Elop from his post and restructuring the deal with Microsoft to limit the use of Windows Phone 7 software to the North American market.