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NOKIA CHIEF KALLASVUO CHALLENGES BOARD TO BACK HIM OR SACK HIM

Nokia's chief executive yesterday demanded that speculation about his future be brought to an end because it was damaging the world's largest mobile phone maker.

Olli-Pekka Kallasvuo was unable to say whether he would continue as chief executive of the Finnish group following reports that Jorma Ollila, Nokia's chairman, has been looking for a replacement.

Pressure has been building on Mr Kallasvuo amid investor unrest that Nokia has lost ground to Apple, Google and other rivals in the fast-growing smartphone market.

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