Home › News ›

Symbian Partners Prevent Nokia Majority

Jul 7, 2004, 10:10 AM by (staff)

Symbian today announced a new agreement regarding the ownership and governance of the company. The deal puts Nokia's stake at 47.9 percent. In February, Nokia announced the purchase of Psion's shares, which would have upped Nokia's stake to 63.3 percent. To prevent Nokia from gaining majority ownership, Sony Ericsson, Panasonic and Siemens have agreed to invest a total of $172.5 million to increase their respective shares. Sony Ericsson made the largest new investment - $104.9 million - to increase its share from 1.5% to 13.1%. All four companies produce smartphones based on Symbian's software.

Related

Samsung Refreshes Galaxy S Series with S Pen, New Cameras

Feb 9, 2022
Samsung today announced its lineup of flagship phones for 2022: the Galaxy S22 series. The top-end S22 Ultra sees the biggest changes as it essentially absorbs Samsung's Note series with an integrated S Pen stylus and a more Note-like shape and design, instead of the Contour Cut design of the other models.

Samsung Puts its Best Camera Yet in the Galaxy S23 Ultra

Feb 1, 2023
Samsung has officially unveiled its new flagship phones for 2023: the Galaxy S23 series. The S23 and S23+ have modest upgrades over last year's models, while the S23 Ultra has a significantly upgraded main camera.

T-Mobile's Faster Mid-Band 5G Now Covers 140 Million People

May 4, 2021
As part of its quarterly earnings report today, T-Mobile provided an update on its 5G rollout and Sprint customer migration. The company's faster "Ultra Capacity" 5G network — the bulk of which relies on 2.5 GHz mid-band radio frequencies — now covers 140 million people and is on track to cover 200 million by the end of 2021.

Verizon Signs $8.3 Billion Deal to Expand 5G Network

Jul 16, 2021
Verizon has entered into a multi-year, $8.3 billion deal with Ericsson to expand Verizon's 5G network. The deal covers new mid-band coverage in the C band, as well as continued build-out of existing low-band and mmWave networks.

New Senate Bill Would Reshape App Stores

Aug 12, 2021
A bipartisan group of three US Senators has introduced new legislation that would place major new rules on the app stores run by Apple and Google. The Open App Markets Act would: Ensure users could access third-party app stores and make them the default.

Comments

This forum is closed.

This forum is closed.

viper

Jul 8, 2004, 7:58 AM

Too Bad

I was hoping nokia would take over symbian since that would help both linux and palm.

I think watchers of this industry are erroneously calling the handset OS a fight between Microsoft and symbian. I think the real fight is going to be between palm, symbian, and linux. No one trusts or wants MS in this industry and I can't see HP, eMachines or Dell doing much for handsets.

Regardless of this outcome, symbian still has some issues like software support and the fact that many stock holders are pretty cool to it.

Mr.Frost

Jul 7, 2004, 2:46 PM

Of course

It makes since even thought I like Nokia more then any other company 🙂

Mr.Frost

even thought rather 🙄

Page 1 of 1