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Nokia close to selling Vertu for 200 million euro

30 April, 2012 | Read the news | Post your comment
Nokia close to selling Vertu for 200 million euro - read the full textAt the end of last year, Nokia was reportedly looking into selling Vertu to raise funds and help focus the company, which is still in transition. Now, the Financial Times says that the deal is nearing completion. The purported buyer is Permira, a British private equity group, who are reportedly...

 

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This will be a very niche market, but will appeal to those with large amounts of money who remember the days when a mobile just made calls and texted.

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  • 2012-04-30 12:24
  • 3Jpy

Nokia bankrupcy countdown begin ! Drop Elop before it's too late, Wake up ! Window phone had now future.

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  • 2012-04-30 11:52
  • IV8U

> In reply to guindulman888 @ 2012-04-30 10:54 from wdFI - click to readAnother Android? No. There are far too many makers of Android handsets that only a few will ever make substantial profit from it. And Symbian is far from ugly, its just been neglected for years unfortunately. Its quite a useful OS. And as for WP... its far from obsolete... Small market share - yes. But not obsolete. Heck - its new from the ground up over its predecessor.

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  • 2012-04-30 11:42
  • q88N

> In reply to [deleted post]epic fail!!!

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  • 2012-04-30 11:37
  • UD%T

it also might be good financial pact on Nokia !

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  • 2012-04-30 11:35
  • 9FIk

> In reply to Bangladeshi B0Y @ 2012-04-30 11:25 from uNVD - click to readLOL!!! This should be MicroNokiaSoft

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  • 2012-04-30 11:34
  • fuV$

Android on Vertu... Sounds like a good combination. It will never occur when it belongs to Nokia.

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  • 2012-04-30 11:27
  • XMJP

where are nokia/symbian fanboys ?
Are they reading this ?
:p
next ?
Micrsoft are buying Nokia or what?

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  • 2012-04-30 11:25
  • uNVD

It would be the best if they sold whole nokia company, not just part of it...

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  • 2012-04-30 11:12
  • 3nw1

eX instagram owner can buy up to 5 vertu company... =D

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  • 2012-04-30 11:12
  • uCHb

Who cares?!

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  • 2012-04-30 11:07
  • 60}Z

> In reply to guindulman888 @ 2012-04-30 10:54 from wdFI - click to readWhy should Nokia go with Android when they have their own Linux based OS - Maemo//MeeGo. It's an excellent OS with the best UI ever!!

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  • 2012-04-30 11:03
  • ptPX

> In reply to Phone Hack @ 2012-04-30 10:43 from na7K - click to readiFanboy or anroidboy??8

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  • 2012-04-30 10:58
  • ptPX

Nokia would be the best if they will embrace Android OS on their nice and user-friendly mobile phones. Symbian is ugly and WP is obsolete!

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  • 2012-04-30 10:54
  • wdFI

Permira will buy Vertu and I bet the new model will use Android :-)

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  • 2012-04-30 10:53
  • gJeN

another foolish decision by Nokia. they could have used vertu to make devices for android or even continue meego using vertu devices.

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  • 2012-04-30 10:52
  • fXud

2 000 000 € = 5000 vertu phones

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  • 2012-04-30 10:49
  • nS$Z

This is the beginning of the end for Nokia. RIP.

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  • 2012-04-30 10:43
  • na7K

Who really cares?

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  • 2012-04-30 10:39
  • wdFI

Haha

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  • 2012-04-30 10:31
  • U{TU
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