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Nokia reports drop in mobile sales ahead of Microsoft handover

Last Updated: Thursday, January 23, 2014, 20:02

Fallen Finnish telecom star Nokia unveiled Thursday a steep drop in sales of the handset business that it is to soon hand over to Microsoft.

Microsoft to get $51 mn if Nokia shareholders reject deal

Last Updated: Monday, September 23, 2013, 20:32

Finnish firm Nokia, which is selling its devices and services business to Microsoft, will pay the software giant 37.9 million euros (about USD 51.2 million) if the handset maker's shareholders oppose the deal.

Stephen Elop to get $25.5 mn post Microsoft-Nokia deal

Last Updated: Thursday, September 19, 2013, 22:19

Elop, who earlier served as CEO of Nokia, after the closing of the USD 7.2 billion deal is expected to join the US-headquartered software giant.

Nokia to seek shareholders nod on Microsoft deal on Nov 19

Last Updated: Thursday, September 19, 2013, 22:17

Finnish telecom major Nokia will seek its shareholders approval on November 19 this year to its USD 7.2 billion deal to sell devices and services business to US software giant Microsoft.

Saviour or slayer? Either way, Nokia's Elop a contender for Microsoft chief

Last Updated: Wednesday, September 04, 2013, 12:39

Investors and others familiar with the board's thinking reject any suggestion that the deal was done with Elop in mind, and his track record at Nokia is decidedly mixed.

Microsoft-Nokia Deal: 10 major highlights

Last Updated: Tuesday, September 03, 2013, 13:40

Here are the major highlights of the deal.

Steve Ballmer’s email to Microsoft employees on Nokia acquisition

Last Updated: Tuesday, September 03, 2013, 11:57

In an email written to Microsoft employees, Microsoft CEO Steve Ballmer has explained the road ahead.

Nokia to sell its handset business to Microsoft for $7.2 bn

Last Updated: Tuesday, September 03, 2013, 09:05

The deal is expected to close in the first quarter of 2014 and it is subject to approval by Nokia's shaNokia, which will continue to make networking equipment and hold patents, was once the world's dominant handset maker but was long since overtaken by Apple and Samsung in the highly competitive market for more powerful smartphones.reholders and regulatory approvals.