Phone Scoop

printed July 4, 2015
See this page online at:

Home  ›  News  ›

Nokia Seeking $1B In Bonds, Reveals Lumia 510

Article Comments  5  

Oct 23, 2012, 7:11 AM   by Eric M. Zeman   @phonescooper

Nokia today indicated that it is preparing to issue bonds in hopes of raising about $1 billion in new financing. The company's cash reserves fell from $5.5 billion to $4.7 billion during the third quarter. The new convertible bonds will be due in 2017 and should help shore up Nokia's resources. Also today, Nokia announced the Lumia 510, an entry-level Windows Phone for world markets. The 510 has a 4-inch WVGA display, 5-megapixel camera, Qualcomm Snapdragon processor, 256MB of RAM, and 4GB of on-board storage. It comes in five colors and runs Windows Phone 7.5. It costs about $200.

more info at Reuters »
more info at Nokia »



Forum Options

This forum is closed.

Subject Author Date
sd slot? Jayshmay Oct 23, 2012, 9:39 AM
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram


All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.