Home › News ›

Nokia Close to Vertu Sale

Article Comments

Jun 13, 2012, 7:32 AM by Eric M. Zeman

Nokia is in negotiations with a private equity group called EQT concerning the sale of its Vertu unit. Vertu is Nokia's luxury phone brand, which sells bejeweled versions of Nokia handsets. Citing sources familiar with Nokia's plans, Reuters reports that Nokia expects to get about $249 million for the business unit. The deal hinges on Nokia's ability to separate Vertu from its existing phone business. Nokia has been shopping the Vertu unit around for some time. Reuters says the deal with EQT may close as early as this week.

Related

Apple Intros AirTag to Help Find Your Keys

Apr 20, 2021
Apple today announced AirTag, the company's widely-expected competitor to Tile. The small circular device comes with several keychain-style holder options, including an Hermes luxury option.

Cricket Upgrades its Sub-$100 Icon Series

Oct 8, 2021
Cricket today launched the Icon 3, the third in its series of own-brand phones that sell for under $100. The Icon 3 sells for $90.

Nokia Brings Affordable 5G to T-Mobile

Nov 9, 2021
HMD Global had announced the Nokia X100, a 5G phone starting at $249, exclusively for T-Mobile and Metro. The phone includes a Qualcomm Snapdragon chipset, Nokia OZO Audio, and Zeiss camera optics.

Xplora Expands Lineup of Kids Smartwatches for US

Sep 28, 2022
Xplora has a new lineup of connected watches for kids ages 4–11, spanning prices from $150 to $249. Xplora watches include a camera — so kids can check in with parents visually — as well as a connected step counter with reward-point system to encourage physical activity.

T-Mobile Intros New, Cheaper Small Biz Plans

May 20, 2021
T-Mobile today announced out new small business plans called Business Unlimited. The three new options offer a better value than the existing Magenta for Business plans in several ways.

more news about:

Comments

This forum is closed.

This forum is closed.

No messages

Page 1 of 1