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Nokia Looking to Pawn Its Vertu Luxury Line

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Dec 7, 2011, 9:32 PM   by Eric M. Zeman

Nokia is interested in selling off its U.K.-based Vertu subsidiary, which sells high-end cell phones. According to a report in the Financial Times, Nokia has hired Goldman Sachs to help it fetch top dollar for the cell phone unit, which is valued between $270 and $400 million. The Financial Times says that private equity groups will be the most likely buyers of Vertu, though Nokia has not confirmed the story.

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Dec 8, 2011, 11:33 AM

I would love to own a Vurtu

Just for the hell of it.

Dec 8, 2011, 12:12 AM

Next on Pawn Stars

Nokia: But its a LUXURY Phone Maker

Rick: I'll give ya 50 bucks for it..

Nokia: but...but...but i paid millions for it.

Rick: too bad

Chumlee: I'll buy it!

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