& cplSiteName &

Nokia Sale to Microsoft Expected to Close This Week

Dan Jones
4/21/2014
50%
50%

Nokia's $7.36 billion sale of its device business to Microsoft is expected to close this week.

Nokia Corp. (NYSE: NOK) announced Monday that the deal is expected to close on April 25. The deal was announced on September 3 last year and delayed while the companies waited for approval from Chinese authorities this year. (See Euronews: Nokia Handsets Sale Delayed, Euronews: Nokia Handsets Sale Delayed and Nokia: It's Really Happening.)

Nokia Networks CEO Rajeev Suri has been tipped as a main candidate to head up the device business in its post-Nokia incarnation. (See Euronews: Suri Slated for Nokia Top Job.)

A report suggests that Nokia may also have its name changed after the transition. A leaked letter to Nokia's suppliers suggests that the company will be renamed "Microsoft Mobile."

So, as soon as next week, one of the world's iconic cellphone brands could cease to exist. Aside from the NSN infrastructure unit, Nokia is hanging on to its location services business and its trove of patents.

— Dan Jones, Mobile Editor, Light Reading

(8)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
DHagar
50%
50%
DHagar,
User Rank: Light Sabre
4/23/2014 | 1:38:53 PM
Nokia Sale to Microsoft Expected to Close This Week
@Kruz, that makes great sense; they need to find a way to get value from it.  Clearly, they need a very strategic approach.
Kruz
50%
50%
Kruz,
User Rank: Light Sabre
4/23/2014 | 3:10:31 AM
Re: Nokia Sale to Microsoft Expected to Close This Week
While I agree Microsoft should focus on its software suites (as it is hindering its handset business at this stage), it still needs flagship handsets to promote it.

And the problem is that for now, WP is mainly Nokia as it is capturing the biggest share of the Windows phones being sold with Samsung focusing on Android and trying to push Tizen and other Windows running devices having minimal market share.

WP is just not going to fly and MSFT needs to step in. Maybe at a stage when Windows Phone OS will be strong enough, MSFT could then consider letting go of its handset division as HW was never in its real core DNA.
DHagar
50%
50%
DHagar,
User Rank: Light Sabre
4/21/2014 | 7:39:23 PM
Nokia Sale to Microsoft Expected to Close This Week
@FakeMitchWagner, I fully agree.  My point was that if they are going to get the ROI from this they either need to maximize the devices (which is picking the low hanging fruit - with less returns), or strategically position themselves with the new patents.

I fully agree that they need to emphasize software and services and reposition themselves strategically in the market.  I believe they have lost their way.  I think that is the only way they will regain their competitive market position.
Mitch Wagner
50%
50%
Mitch Wagner,
User Rank: Lightning
4/21/2014 | 7:16:10 PM
Oy
Microsoft reportedly plans to rename Nokia Oyj to Microsoft Mobile Oy.

Oy means company in Finnish. In Yiddish, it means "Oy."

 
Mitch Wagner
50%
50%
Mitch Wagner,
User Rank: Lightning
4/21/2014 | 7:13:49 PM
Re: Nokia Sale to Microsoft Expected to Close This Week
Do they really need to be a strong device player, or should they just tend to their strengths in software and services?

I see the Nokia acquisition as a failure of the Ballmer administration. Microsoft should pick whatever assets it can use from Nokia -- patents first among them -- and sell the rest for whatever it can get. The handset business should be first on the block. 
DHagar
50%
50%
DHagar,
User Rank: Light Sabre
4/21/2014 | 4:48:43 PM
Nokia Sale to Microsoft Expected to Close This Week
@DanJonesLRMobile, agreed that they need to be.  Do you think they have the ability to be?
DanJonesLRMobile
50%
50%
DanJonesLRMobile,
User Rank: Light Sabre
4/21/2014 | 4:37:55 PM
Re: Nokia Sale to Microsoft Expected to Close This Week
THey haven't been a strong device player so far but they NEED to be.
DHagar
50%
50%
DHagar,
User Rank: Light Sabre
4/21/2014 | 4:24:50 PM
Nokia Sale to Microsoft Expected to Close This Week
Dan, I am wondering if the patents won't be the greatest asset?

I can't imagine that Microsoft has the capability to be a strong player themselves in the mobile market, so it seems that the patents, and possibly the network itself, may be the greatest value to Microsoft.

Amazing prospect of Nokia no longer existing!
Light Reading’s Upskill U is a FREE, interactive, online educational resource that delivers must-have education on themes that relate to the overall business transformation taking place in the communications industry.
NEXT COURSE
Wednesday, July 27, 1:00PM EDT
The Changing Face of the Data Center World
Rodney M. Elder, Senior Solutions Architect, Equinix
UPCOMING COURSE SCHEDULE
Wednesday, August 3, 1:00PM EDT
The Central Office Re-Architected as a Data Center
Guru Parulkar, Executive Director, Open Networking Research Center, Open Networking Lab
Wednesday, August 10, 1:00PM EDT
Telcos & Open Source 101
Phil Robb, Senior Technical Director, OpenDaylight
Friday, August 12, 1:00PM EDT
The Role of Open Source in NFV
Jim Fagan, Director, Cloud Practice, Telstra
in association with:
From The Founder
The more things change, the more they stay the same for Juniper's next-gen comms solutions, and that's a good thing.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Custom TV
NetScout: Maximizing Enterprise Cloud for Digital Transformation

7|20|16   |   04:53   |   (0) comments


Light Reading Editor Mitch Wagner talks to NetScout CMO Jim McNiel about maximizing the benefits of enterprise cloud and digital transformation while minimizing potential pitfalls with a proper monitoring and instrumentation strategy.
Women in Comms Introduction Videos
Ciena's VP Offers a Career Crash Course

7|20|16   |   4:14   |   (0) comments


How did Ciena's Vice President of Sales, Angela Finn, carve out her career path? Simple, she tells WiC. She stayed true to her company, customers and principles. She shares her advice for women on how to be authentic and credible, as well as for companies that want to make a real change to their culture and practices.
LRTV Custom TV
NFV in 2016: Part 2 – Climbing the Virtualization Maturity Curve

7|19|16   |   06:56   |   (0) comments


Many of the initial use case implementations are single-vendor and self-contained. The industry is still climbing the virtualization maturity curve, needing further clarity and stability in the NFV infrastructure (NFVi) and greater availability and choice of virtualized network functions (VNFs). Interoperability between NFVis and VNFs from different vendors ...
Telecom Innovators Video Showcase
Versa Networks' Kumar Mehta on SD-WAN Managed Services

7|19|16   |     |   (0) comments


In Silicon Valley, Steve Saunders sits down with Versa's Kumar Mehta for an interview focused on why service providers are building SD-WAN managed services, and how Versa's telco customers are innovating.
LRTV Custom TV
Juniper Networks & The Evolution of NFV

7|19|16   |   06:01   |   (0) comments


Senior Juniper Networks executives talk to Light Reading Founder & CEO Steve Saunders about NFV developments and the recent independent evaluation by test lab EANTC of Juniper's Cloud CPE solution.
LRTV Interviews
CenturyLink Goes Beyond Managed WiFi

7|19|16   |     |   (0) comments


CenturyLink's managed WiFi allows enterprises, such as retailers and resorts, to track guest WiFi usage in order to help them better communicate with customers.
LRTV Interviews
AT&T Launches Network Functions on Demand

7|17|16   |   05:26   |   (0) comments


Roman Pacewicz, Senior Vice President, Offer Management & Service Integration, AT&T Business Solutions, discusses the operator's launch of its Network Functions on Demand service.
LRTV Interviews
Enterprise Pitch for Ciscosson

7|14|16   |   04:43   |   (0) comments


After seven months of near silence, Cisco and Ericsson executives publicly discussed details on their extensive partnership. Among the tidbits shared by Martin Zander, VP, group strategy programs, Ericsson, and Doug Webster, VP service provider marketing, Cisco: The partnership was initially launched to serve the service provider market, but is already gaining ...
Wagner’s Ring
Cisco Faces Up to Hypercloud Threat

7|13|16   |   02:42   |   (0) comments


Facebook, Amazon and Google mostly don't buy branded technology for their networks – they build their own. That's a threat to Cisco – and its competitors too – which face potentially dwindling demand for their product. Is Cisco up to the challenge? Light Reading went to the annual Cisco Live conference to find out.
LRTV Huawei Video Resource Center
Building a Better Connected Russia

7|13|16   |     |   (0) comments


At UBBS World Tour 2016, Alla Shabelnikova of Ovum shares the findings of a white paper outlining the challenges and opportunities of broadband rollout in Russia.
LRTV Huawei Video Resource Center
The Global Video Business

7|13|16   |     |   (0) comments


At UBBS World Tour 2016, Roger Feng of Huawei shares insights on the future of video business.
LRTV Huawei Video Resource Center
UBBS World Tour Moscow Highlights

7|13|16   |     |   (0) comments


At UBBS World Tour 2016 at Moscow, Huawei showcases its outstanding progress in video technology.
Upcoming Live Events
September 13-14, 2016, The Curtis Hotel, Denver, CO
September 27, 2016, Philadelphia, PA
November 3, 2016, The Montcalm Marble Arch, London
November 30, 2016, The Westin Times Square, New York City
December 6-8, 2016,
May 16-17, 2017, Austin Convention Center, Austin, TX
All Upcoming Live Events
Infographics
Five of the Top 10 most targeted countries in Check Point Software Technologies' global Malware & Threat Index for Q1 2016 are in Africa.
Hot Topics
SoftBank Muscles In on ARM in $32B Deal
Iain Morris, News Editor, 7/18/2016
Ericsson 'Doubles' Savings Goal as Sales Slump
Iain Morris, News Editor, 7/19/2016
Kevin Lo's Move to Facebook: Sign of Things to Come?
Patrick Donegan, Chief Analyst, Heavy Reading, 7/20/2016
Facebook Gets Its Drone On
Ray Le Maistre, Editor-in-chief, 7/22/2016
Is Dish Going Down the Drain?
Alan Breznick, Cable/Video Practice Leader, Light Reading, 7/21/2016
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
There's no question that, come 2020, 5G technology will turn the world's conception of what mobile networking is on its head. Within the world of 5G development, Dr. ...
I've enjoyed interviewing many interesting people since I rejoined Light Reading, but William A. "Bill" Owens certainly takes the biscuit, as we say where I come from.
Live Digital Audio

Our world has evolved through innovation from the Industrial Revolution of the 1740s to the information age, and it is now entering the Fourth Industrial Revolution, driven by technology. Technology is driving a paradigm shift in the way digital solutions deliver a connected world, changing the way we live, communicate and provide solutions. It can have a powerful impact on how we tackle some of the world’s most pressing problems. In this radio show, Caroline Dowling, President of Communications Infrastructure & Enterprise Computing at Flex, will join Women in Comms Director Sarah Thomas to discuss the impact technology has on society and how it can be a game-changer across the globe; improving lives and creating a smarter world. Dowling, a Cork, Ireland, native and graduate of Harvard Business School's Advanced Management Program, will also discuss her experience managing an international team focused on innovation in an age of high-speed change.