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Nokia Deal With Microsoft Delayed Until April
2014-03-24 10:12:44| Wireless - Topix.net
Nokia Corp. says the sale of its mobile phone unit to Microsoft will be delayed until next month because it is still waiting for approval from regulatory authorities in Asia.
Tags: april
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Nokia expects Microsoft deal to close in April
2014-03-24 07:21:00| Telecompaper Headlines
(Telecompaper) Nokia now expects sale of its Devices & Services business and license its patents to Microsoft to close in April. This compares with Nokia's previous expectation that the deal would close in Q1 2014. The sale was announced in September 2013 and Nokia insisted that both parties remain committed to the transaction. Closing of the deal is subject to regulatory approvals and other customary closing conditions. They have already received most of the required regulatory approvals, including approvals from the European Commission and the US Department of Justice. The deal is pending approvals from certain antitrust authorities in Asia which are still conducting their reviews.
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Nokia, Microsoft delay closure of deal
2014-03-24 01:00:00| Total Telecom industry news
Finnish vendor waiting for approvals from Asian regulators, expects to close sale of handsets business in April.
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Microsoft appoints chief Nokia wrecker Stephen Elop to head Xbox division
2014-02-25 12:35:12| Extremetech
Microsoft has named the former CEO of Nokia, Stephen Elop, as head of the Xbox and Surface divisions.
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Nokia, Microsoft deal to close soon despite India tax issues
2014-02-17 01:00:00| Total Telecom industry news
Finnish vendor insists ongoing tax case will not prevent Q1 closure of deal.
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