EU clears Nokia's acquisition of Alcatel-Lucent

Last Updated: Friday, July 24, 2015, 17:19

The European Commission said on Friday it had approved Finnish telecom equipment group Nokia`s planned purchase of Alcatel-Lucent because the two were not close competitors and would still face strong global competition.

Daimler says hacking concerns drive Nokia maps bid

Last Updated: Thursday, July 23, 2015, 15:17

Germany`s premium car makers are close to a deal to buy Nokia`s HERE for between 2.5 billion and 3 billion euros.

Microsoft posts biggest ever loss as it writes down Nokia

Last Updated: Wednesday, July 22, 2015, 10:11

The company took a charge of $7.5 billion in the fourth quarter related to the restructuring of its Nokia handset business, which it bought last year.

Microsoft posts record loss as it writes down Nokia

Last Updated: Wednesday, July 22, 2015, 06:17

Microsoft Corp reported a $3.2 billion quarterly net loss, its biggest ever, as the company wrote down its Nokia phone business and demand fell for its Windows operating system.

Lines go silent in Finnish town of Salo as Microsoft shuts Nokia phone unit

Last Updated: Thursday, July 16, 2015, 18:56

But their hopes were crushed last week when Microsoft announced it would close Nokia`s former product development unit in the town, putting all 1,100 jobs at risk. Last year the U.S. company had said it could hire more staff in Salo.

Nokia eyes mobile phone comeback through partnership

Last Updated: Tuesday, July 14, 2015, 22:35

"The right path back to mobile phones for Nokia is through a brand-licensing model," the company said in a statement.

Microsoft writes off $7.6 bn in Nokia deal; to cut 7,800 jobs

Last Updated: Wednesday, July 8, 2015, 20:19

In a major restructuring of its mobile devices business, US tech giant Microsoft Wednesday said it is writing off USD 7.6 billion it spent on acquiring Nokia and will cut 7,800 jobs, but was silent on India impact.

Airtel inks 4-year deal with Nokia for 3G services

Last Updated: Tuesday, June 30, 2015, 17:44

Under the four-year contract, Nokia will provide its equipment and services to Bharti Airtel's infrastructure.

Germany auto makers ready offer for HERE as deadline looms

Last Updated: Thursday, June 18, 2015, 08:28

Finland`s Nokia started an auction of its HERE high-definition maps business while it focuses on completing its 15.6 billion euros ($17.2 billion) takeover of network equipment maker Alcatel Lucent.

Nokia wins US approval to buy Alcatel-Lucent

Last Updated: Wednesday, June 17, 2015, 21:28

The U.S. Department of Justice has given a green light to Nokia`s deal to buy French rival Alcatel-Lucent, the two companies said on Wednesday.

Stephen Elop, former Nokia CEO, to leave Microsoft

Last Updated: Wednesday, June 17, 2015, 21:20

Microsoft Corp said former Nokia Oyj top boss, Stephen Elop, is leaving the software maker as part of a shakeup in its senior leadership.

Nokia faces lengthy arbitration over LG patent royalty payments

Last Updated: Tuesday, June 16, 2015, 18:48

Nokia said on Tuesday that South Korea`s LG Electronics has agreed a deal to use the Finnish company`s smartphone patent license but royalty payments will be settled in a lengthy arbitration process.