Light Reading
After a delay, the $7.36B sale of Nokia's device business to Microsoft is expected to close on April 25.

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
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!
Flash Poll
From The Founder
Is your network built on 'The Old IP,' or are you part of 'The New IP' revolution?
LRTV Huawei Video Resource Center
Innovating Access Technology With G.fast

10|1|14   |   3.42   |   (0) comments


Exploring the potential of G.fast technology from the point of view of the Broadband Forum, Huawei – and an end-user.
LRTV Documentaries
A Cultural Shift for an OTT World

9|26|14   |   01:41   |   (3) comments


Telcos need to embrace a new approach to partnerships if they are to generate extra revenues quickly and give customers what they want.
LRTV Documentaries
New Skills Needed as Telecom, IT Collide

9|26|14   |   4:07   |   (1) comment


As telecom and IT collide, new technologies are emerging, new skills are needed and new opportunities for women are arising.
UBB Forum News
Do IP Networks Need An Overhaul?

9|25|14   |   02:01   |   (0) comments


As traffic levels ramp, do IP networks need new technologies and topologies?
LRTV Documentaries
Sprint Wields Its Influence in the Valley

9|25|14   |   3:09   |   (11) comments


Anne-Louise Kardas, Sprint's connection to startups in the Valley, explains how telcos can be innovative and find new opportunities with partners.
LRTV Documentaries
SDN, NFV & The Future of XO's Network

9|25|14   |   3:47   |   (1) comment


XO Communications COO Don MacNeil explains how cloud, SDN and NFV are altering its network requirements as well as changing data centers of the future.
UBB Forum News
The OTT Conundrum

9|24|14   |   01:39   |   (0) comments


What is holding back prosperous partnerships between telcos and the OTT players?
LRTV Documentaries
Putting Broadband to Work

9|24|14   |   01:26   |   (0) comments


High-speed broadband network rollout is key to telco strategies, but it's what happens after the network is built that counts.
Light Reedy
Light Reading's Women in Telecom Recap

9|24|14   |   0:55   |   (4) comments


Our first Women in Telecom breakfast was a huge success, and we hope you'll join us in London for the next event on November 6.
UBB Forum News
Monetizing Ultra-Broadband

9|24|14   |   01:43   |   (2) comments


Ultra-broadband networks need to be built, with fiber-to-the-premises the ultimate goal, but they need to be monetized, too.
LRTV Huawei Video Resource Center
Sales Director of INIT on Plug & Play Switch Devices

9|19|14   |   3:21   |   (0) comments


INIT Italy uses both the Huawei S5700 and S7700 series switches for the campus LAN environment. Sales Director Andrea Curti says their company chose these Huawei devices over others because of their performance, flexible scalability and plug-and-play features.
LRTV Huawei Video Resource Center
Saudi Arabia Upgrades Vocational Training System

9|19|14   |   3:31   |   (0) comments


The Technical and Vocational Training Corporation (TVTC) has 100,000 students, 150 government-owned institutions and oversees 1000 private institutes. The CIO of TVTC explains that Huawei devices have allowed them to manage multiple datacenters using just one software program, scientifically tracking the progress of students and teachers, saving them millions.
Upcoming Live Events
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 2, 2014, New York City
December 3, 2014, New York City
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
Half of the world's population will be connected to the Internet by 2017, but not just by smartphones and desktops.
Hot Topics
Facebook Pokes Around LTE Direct
Sarah Reedy, Senior Editor, 9/25/2014
Is Redbox Instant Shutting Down?
Mari Silbey, Independent Technology Editor, 9/30/2014
Sprint Wields Its Influence in the Valley
Sarah Reedy, Senior Editor, 9/25/2014
US Ignite Cultivates Gigabit Apps
Jason Meyers, Senior Editor, Utility Communications/IoT, 9/25/2014
Comcast Turns Off Streampix
Mari Silbey, Independent Technology Editor, 9/26/2014
Like Us on Facebook
Twitter Feed