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Nokia Corp. will get billions of dollars from Microsoft Corp. to ditch its current smart-phone software in favor of Windows Phone 7, Nokia CEO Stephen Elop said Sunday, in a defense of the deal.
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ELOP

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abtest

Nokia unveils tablet, phones, newfound verve

By Kap Maceda Aguila | November 16, 2013 - 12:00am

“This has been a remarkable time for Nokia… our industry, but most of all, for the people who love great experiences,” begins Stephen Elop at his keynote presentation for Nokia World in Abu D...

Telecoms

Nokia cuts 10,000 jobs, streamlines to save costs

June 15, 2012 - 10:26am

Nokia says it will slash 10,000 jobs and close plants as the ailing company fights fierce competition, and gave a grim outlook for most of the year, causing its shares to plummet 18 percent to close at €1.83...

Nokia pins hopes on cheaper Windows smartphone

February 29, 2012 - 12:00am

Struggling cell phone maker Nokia kicked off the world’s largest mobile phone trade show Monday by unveiling a new low-cost Windows smartphone that operators could give away free to customers, and another aimed...

Business

Nokia loss tempered by Windows phone launch

January 27, 2012 - 5:01am

Mobile phone maker Nokia Corp. on Thursday posted a fourth-quarter net loss of €1.07 billion ($1.38 billion) as sales slumped 21 percent even as the company's first Windows smartphones hit markets in Europe...

Nokia unveils its first Windows Phone-based smartphones

By Alma Buelva | November 5, 2011 - 12:00am

As expected, Nokia turned this year’s Nokia World conference as the fitting launch pad for its first line of Windows...

Telecoms

Nokia to launch Microsoft platform phones in 2011

June 21, 2011 - 2:31pm

  Finnish handset maker Nokia Corp. says it plans to introduce this year its first mobile phone using the Microsoft Windows platform.

Nokia CEO under gun to justify Microsoft switch

February 15, 2011 - 8:58am

Investors have panned his shake-up strategy and employees are rankled. Now, Nokia Corp.'s Stephen Elop, the first non-Finn to lead the world's largest maker of phones, is in a hurry to justify his decision to ditch...

Nokia CEO: Co. to get billions from Microsoft

February 14, 2011 - 9:32am

Nokia Corp. will get billions of dollars from Microsoft Corp. to ditch its current smart-phone software in favor of Windows Phone 7, Nokia CEO Stephen Elop said Sunday, in a defense of the deal.

Nokia, Microsoft in pact to rival Apple, Google

February 11, 2011 - 6:15pm

Technology titans Nokia and Microsoft are combining forces to create smart phones that might challenge rivals like Apple and Google and revive their own fortunes in a market they have struggled to keep up with.

Ailing Nokia seen to announce major shift

February 11, 2011 - 2:07pm

Suffering from plunging market share and losing the technological edge in the wireless industry, Nokia Corp. is headed for change.