LR Reader Poll: Nokia's Takeover 'Joke'

12:40 PM Lenovo thinks the prospect of acquiring Nokia is hilarious, but would another company want to snatch up all of Nokia now?

Sarah Thomas, Director, Women in Comms

August 1, 2012

1 Min Read
LR Reader Poll: Nokia's Takeover 'Joke'

12:40 PM -- Lenovo Group Ltd. (Hong Kong: 992) execs apparently had a good laugh this morning when they caught wind of rumors their company wanted to acquire Nokia Corp. (NYSE: NOK).

"This must be a joke," Gianfranco Lanci, head of Lenovo's operations in Europe, Middle East and Africa, told Reuters. "There's nothing ongoing."

Nokia's business isn't just mobile phones. Lenovo would've also been taking on its location and commerce business, as well as Nokia's share of Nokia Networks . And don't forget Nokia's patent portfolio. That's no small takeover.

Given the tall order, is there any company that would be interested in buying Nokia -- all of Nokia -- right now?

I certainly can't think of one. I'm headed to Nokia's Chicago headquarters this afternoon to meet with the big man himself, CEO Stephen Elop. I'll ask for his take on all of this, but in the meantime, we'd like to know what you think.

We've already asked you about what Nokia will be by 2014, and nearly three-fourths of you believe the Finnish company can't remain independent. Now it's worth asking if a potential takeover is even a possibility. Would any company be interested in taking on Nokia and all of its baggage? (See Nokia Poll Update: Farewell Independence? , Nokia Poll: Microsoft Merger Expected and Light Reading Poll: What Will Nokia Be in 2014?)

For more

  • Smartphone Market Grows 42%

  • Euronews: Nokia to Get Choosy?

  • OS Watch: Nokia to Drive Up Windows 8 Prices

  • Euronews: Nokia Loses $1.9B in Q2

  • Lumia Loses Luster Despite AT&T Marketing Push

— Sarah Reedy, Senior Reporter, Light Reading Mobile

About the Author(s)

Sarah Thomas

Director, Women in Comms

Sarah Thomas's love affair with communications began in 2003 when she bought her first cellphone, a pink RAZR, which she duly "bedazzled" with the help of superglue and her dad.

She joined the editorial staff at Light Reading in 2010 and has been covering mobile technologies ever since. Sarah got her start covering telecom in 2007 at Telephony, later Connected Planet, may it rest in peace. Her non-telecom work experience includes a brief foray into public relations at Fleishman-Hillard (her cussin' upset the clients) and a hodge-podge of internships, including spells at Ingram's (Kansas City's business magazine), American Spa magazine (where she was Chief Hot-Tub Correspondent), and the tweens' quiz bible, QuizFest, in NYC.

As Editorial Operations Director, a role she took on in January 2015, Sarah is responsible for the day-to-day management of the non-news content elements on Light Reading.

Sarah received her Bachelor's in Journalism from the University of Missouri-Columbia. She lives in Chicago with her 3DTV, her iPad and a drawer full of smartphone cords.

Away from the world of telecom journalism, Sarah likes to dabble in monster truck racing, becoming part of Team Bigfoot in 2009.

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