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Analyst Poll: Nokia 2Q Margins Headed South

July 21, 2014 8:02 am | by Andrew Berg | News | Comments

Of the 18 analysts who gave their rating on Nokia stock, Reuters reports that eight were positive, seven negative, and three neutral. Nokia is up against a rising Ericsson, which despite curtailing LTE rollouts in the United States, still managed to beat second-quarter expectations for revenue and margins. 

Panasonic Sells Mobile Phone Base Station Unit to Nokia

July 21, 2014 7:29 am | by Kyodo News International | News | Comments

Panasonic provides wireless control systems and related equipment to mobile communication...

Microsoft Kills Nokia X, Plans Big Job Cuts for Former Nokia Units

July 17, 2014 10:13 am | by Ben Munson | News | Comments

Microsoft is putting an end to its fledgling Android-based Nokia X line and targeting its Lumia...

Microsoft to Cut Up to 18,000 Jobs Over Next Year

July 17, 2014 9:19 am | by Associated Press | News | Comments

REDMOND, Wash. (AP) — Microsoft says it will eliminate up to 18,000 jobs over the next year as...

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FirstNews Briefs: HERE, Medio, Verizon, InterDigital, T-Mobile, MetroPCS

July 2, 2014 10:19 am | by Wireless Week Staff | News | Comments

Today HERE, a provider of mapping and location intelligence, completed the acquisition of Medio Systems Inc., a Seattle-based company dealing in the emerging field of real-time predictive analytics. The terms of the transaction are confidential.

Nokia Networks Agrees to Acquire SAC Wireless

July 2, 2014 10:02 am | by Andrew Berg | News | Comments

“With SAC Wireless’ capabilities complementing our own in-house expertise, we are well positioned to bring enhanced quality and increased end-to-end delivery efficiency to our customers. No other infrastructure provider is offering this level of proven services,” Corker said. 

Nokia’s HERE Buying Medio for More Predictive Navigation

June 12, 2014 10:09 am | by Ben Munson | News | Comments

HERE, Nokia’s navigation, mapping and location services venture, today announced that it will acquire Medio, a real-time predictive analytics company. By integrating Medio’s smart data, HERE wants to enable features like individualized restaurant recommendations or providing custom routes based on a driver’s habits and real-time traffic conditions. HERE CEO Michael Halbherr calls its “cognitive mapping.”

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FirstNews Briefs: Honeywell, Cricket, Nokia, Linktel, Fluke Networks

June 10, 2014 10:48 am | by Wireless Week Staff | News | Comments

Honeywell, managing home comfort and security for 125 years, is today launching the Lyric thermostat. The Lyric thermostat knows when you are coming and going, based on smartphone location, to deliver comfort when you’re home and savings when you’re away.

Elop Takes Home $33M in Severance from Nokia

April 30, 2014 11:30 am | by Andrew Berg | News | Comments

Former Nokia CEO Stephen Elop will receive $33 million in cash and stock as he leave the Finnish handset maker for his new home at Microsoft. As Reuters pointed out, the compensation is 25 percent higher than what Nokia had originally expected to pay Elop. The boost is due to a surge in the Nokia's share price. 

Nokia Eyes Turnaround with New CEO, Dividend

April 29, 2014 9:36 am | by Matti Huuhtanen, Associated Press | News | Comments

Nokia Corp. reported Tuesday another drop in sales in the troubled devices unit it sold to Microsoft, but its shares rallied as it named a new CEO, promised a special dividend, and prepared to focus on its remaining businesses. Reporting its last quarter to include cellphones, Nokia said Tuesday that net loss in the period was 239 million euros compared with a loss of 272 million a year earlier.

Nokia Completes Sale of Device Business to Microsoft

April 25, 2014 10:17 am | by Ben Munson | News | Comments

Nokia today announced it has completed the sale of its Devices & Services business to Microsoft. The deal, valued at $7.2 billion when first announced in September 2012, closed at $7.5 billion. Taking into account adjustments for networking capital and cash earnings that were positive for Nokia, the Finnish company expected the deal to close slightly higher than where it is at currently.

Microsoft-Nokia Deal Closing Friday With Changes

April 21, 2014 11:27 am | by Ben Munson | News | Comments

Microsoft today announced its acquisition of Nokia’s devices and services business will close Friday, with some changes to the original deal. Detailed in a blog post, the alterations affect Nokia’s web and social media presence, exchange of property, and additional employees moving from Nokia to Microsoft.

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China Approves Microsoft's Nokia Buy with Caveat on Patent Pricing

April 8, 2014 9:20 am | by Andrew Berg | News | Comments

China has finally approved Microsoft's acquistion of Nokia's devices and services business. On China's Ministry of Commerce website, the Ministry said it would go along with the deal but tacked on a few conditions regarding pricing around the use of Nokia's significant patent portfolio. 

Microsoft CEO Reshuffles Exec Team, Names Elop EVP of Devices

April 1, 2014 11:03 am | by Ben Munson | News | Comments

Microsoft CEO Satya Nadella is moving his executive teams around and appointing former Nokia CEO Stephen Elop as the executive vice president of the devices group. Elop, who had been rumored as a candidate to replace recently depart Microsoft CEO Steve Ballmer, will report directly to Nadella in his new role. Elop will also have a hand in developing the Xbox, according to Reuters.

Review: Windows Phone Innovations Show Promise

March 27, 2014 9:34 am | by Anick Jesdanun, AP Technology Writer | Articles | Comments

In the market for smartphones, Microsoft's Windows Phone 8 system is barely there. It's dwarfed by Apple's iOS and Google's Android systems in both attention and sales. But over the past few months, I have come to appreciate many of the software's innovations...

Microsoft, Nokia Deal Delayed Over Antitrust Reviews in Asia 

March 24, 2014 9:47 am | by Ben Munson | News | Comments

Nokia said Microsoft’s plans to buy the Finnish handset giant’s devices and services business has already earned regulatory approval from the European Commission and the U.S. Department of Justice. But antitrust authorities in Asia continue to review the transaction, causing the companies to delay the expected closing date.

MWC: Nokia X is an Android Device with a Windows Phone Look

February 24, 2014 10:26 am | by Ben Munson | News | Comments

Nokia introduced three new low-cost smartphones—the Nokia X, X+ and XL—that are based on Android Open Source Project (AOSP) and look like modified Windows Phones. As rumored, Nokia took the Android plunge at Mobile World Congress with a trio of colorful dual-SIM handsets that start at approximately $122.

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Nokia Announces Lumia Icon, Coming Feb. 20 to Verizon

February 12, 2014 2:13 pm | by Ben Munson | News | Comments

Nokia today announced the Lumia Icon, its new 5-inch Windows Phone flagship. Besides having a name that’s easier to remember than your typical Nokia, the Icon packs a 2.2 GHz quad-core Snapdragon 800 processor, Adreno 330 GPU, full HD OLED display and Nokia’s 20MP Pureview camera.

Nokia, HTC Settle All Patent Litigation

February 10, 2014 10:22 am | by Andrew Berg | News | Comments

In a press release Monday, Nokia and HTC announced that they have settled all pending patent litigation between them, and entered into a patent and technology collaboration agreement. According to the release, HTC will make payments to Nokia and the collaboration will involve HTC's LTE patent portfolio, further strengthening Nokia's licensing offering. 

Which OEMs Could Use a Big MWC

February 4, 2014 3:28 pm | by Ben Munson | Articles | Comments

Mobile World Congress isn’t for every phone maker. Hyped-up standalone product events from big players like Apple and Samsung have discouraged many companies from using annual trade shows as a venue for product announcements. Still, a few struggling OEMs could use the boost a high-profile MWC turn can provide, and more will show off products just to parse out the sheer volume of devices they’ll be launching during the coming year.

Microsoft 2Q Tops Views; Xbox, Surface Sales Help

January 24, 2014 10:29 am | by Ryan Nakashima, AP Business Writer | News | Comments

LOS ANGELES (AP) — Microsoft Corp. reported revenue and earnings for its fiscal second quarter that topped Wall Street expectations, as the company sold 3.9 million Xbox One consoles to retailers and doubled revenue from its line of Surface tablets from a quarter earlier.

Nokia Handset Sales, Network Profits Slide in 4Q

January 23, 2014 10:24 am | by Ben Munson | News | Comments

In the final quarter before Microsoft is due to take ownership of its device business, Nokia saw the unit’s sales drop 29 percent annually while profits continued to sink into the red. Microsoft is buying Nokia’s handset business for approximately $7.4 billion. The transaction is expected to close near the end of the first quarter.

NSN Chairman Ovesen to Step Down After Microsoft Deal Closes

December 30, 2013 10:06 am | by Andrew Berg | News | Comments

Nokia today said that the head of its Nokia Solutions and Networks (NSN) business will step down immediately following Micrsoft's acquistion of the company's devices and services divisions. Jesper Ovesen, currently executive chairman of NSN,  will leave upon the closing of the Microsoft transaction, which is expected to take place during the first quarter of 2014. 

Wireless Week's Top 25 Headlines of 2013: Episode 4 (10-6)

December 17, 2013 9:43 am | Videos | Comments

In this five part video series, Wireless Week editors Andrew Berg and Ben Munson will count down the top headlines of 2013. Be sure to catch each installment, as we make our way through all the biggest news events from the past year! In case you missed them, check out the previous installments.

Can Smartphones Snap Out of Technological Stupor?

December 16, 2013 9:25 am | by Michael Liedtke & 
Youkyung Lee, AP Technology Writers | News | Comments

This may be remembered as the year smartphones became boring. Although high-definition displays on smartphones have gotten bigger and their cameras have gotten better, the pace of gee-whiz innovation has dawdled. martphone and software makers are working on ways to snap out of this technological lull...

EU Warns Nokia Not to Become 'Patent Troll'

December 9, 2013 9:43 am | by Associated Press | News | Comments

Joaquin Almunia said in a speech in Paris on Monday he had approved the $7.2 billion sale as not presenting problems on Microsoft's side, but there is a danger Nokia will now attempt to "extract higher returns" from its patent portfolio. "In other words...behave like a patent troll, or to use a more polite phrase, a patent assertion entity."

Justice Department Gives Thumbs Up to Microsoft-Nokia Deal

December 2, 2013 4:22 pm | by Ben Munson | News | Comments

The Department of Justice has granted its blessing to Microsoft’s acquisition of Nokia. A Federal Trade Commission filing released today confirmed the DOJ’s approval of Microsoft’s proposed $7.2 billion bid to buy Nokia’s devices and services division as well license Nokia’s patents.

Ex-Nokia Engineers Launch New Smartphone

November 27, 2013 9:25 am | by Associated Press | News | Comments

A team of ex-Nokia engineers is launching a smartphone based on the former world No. 1 cellphone maker's old software, hoping to grab a share of a highly competitive market. The Jolla handset's Sailfish operating platform is based on MeeGo software, which Nokia abandoned in 2011 when it switched over to using Microsoft Corp.'s Windows system.

Review: HTC, Nokia Offer Good, Giant Choices

November 26, 2013 8:57 am | by Anick Jesdanun, AP Technology Writer | Articles | Comments

 I find giant phones hard to carry and use, but I'm well aware that many people like the bigger images and text they offer. These so-called phablets, with screens measuring about 6 inches diagonally, are nearly as big as the smallest tablets. Unlike tablets, they can make phone calls over cellular networks.

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