Nokia today said it would restructure itself to better compete with its rivals. The copmany will now be split into three groups. A basic Mobile Phones group will handle the low-end S40 phones that make up the bulk of Nokia's business. The Mobile Solutions group will tackle smartphones and will itself be split into separate groups to handle MeeGo and all smartphone-class Symbian platforms. A third group, Markets will be dedicated solely to marketing, selling and shipping devices across the entire company.