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Vodafone shareholders approve $130bn Verizon deal

2014-01-28 01:00:00| Total Telecom industry news

Verizon Wireless stake sale expected to close on 21 February.

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Nokia shareholders approve sale of handset business

2013-11-20 09:08:00| Telecompaper Headlines

(Telecompaper) Shareholders of Nokia have approved the company's planned sale of its mobile handset business to Microsoft. Nokia said over 99 percent of votes at the extraordinary meeting approved the sale. The transaction is expected to close in the first quarter of 2014, subject to regulatory approvals and other customary closing conditions. Originally announced in September, the sale will see Microsoft acquire the Nokia Devices & Services division for EUR 3.79 billion. In addition it will pay EUR 1.65 billion to license Nokia's patents, bringing the total value of the deal to EUR 5.44 billion in cash.

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Nokia shareholders approve sale of mobile business to Microsoft

2013-11-19 22:33:56| MobileTechNews

Today, Nokia shareholders gave their approval for the sale of their mobile business to Microsoft.

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Nokia shareholders approve Microsoft deal

2013-11-19 20:28:03| Telecom - Topix.net

Board members Elizabeth Nelson, left, Elizabeth Doherty, 2nd left, and Nokia Leadership Team members Stephen Elop and Michael Halbherr, right, have their picture taken with a Nokia Lumia smartphone at the Extraordinary General Meeting of Nokia Corporation, Tuesday, Nov. 19, 2013 at the Helsinki Ice Hall, Helsinki, Finland.

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Nokia shareholders approve sale of smartphones to Microsoft

2013-11-19 18:50:06| InfoWorld: Top News

More than 99 percent of Nokia's shareholders have voted to approve Microsoft's acquisition of the Finnish company's Devices & Services business. Nokia entered into an agreement to sell "substantially all" of the Devices & Services business to Microsoft for 3.79 billion ($5.1 billion) in the beginning of September. Once the acquisition closes, Microsoft will also pay 1.65 billion to license Nokia's patents.

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