nokia to sell phone unit to microsoft for €544bn
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Nokia to sell phone unit to Microsoft for €5.44bn

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Arab Today, arab today Nokia to sell phone unit to Microsoft for €5.44bn

Arab Today

Beleaguered Finnish mobile phone maker Nokia will sell its mobile phone unit to US group Microsoft for 5.44 billion euros ($7.17 billion), it said on Tuesday. Nokia will grant Microsoft a 10-year non-exclusive licence to its patents and will itself focus on network infrastructure and services, which it called "the best path forward for Nokia and its shareholders."

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nokia to sell phone unit to microsoft for €544bn nokia to sell phone unit to microsoft for €544bn

 



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