Category Archives: Nokia

Microsoft Made $250M in ‘Platform Support Payments’ to Nokia

Nokia’s most recent quarterly results show that Microsoft paid the company $250 million for adopting Microsoft’s Windows Phone 7 platform. “Our broad strategic agreement with Microsoft includes platform support payments from Microsoft to us as well as software royalty payments from us to Microsoft,” said Nokia. “We have a competitive software royalty structure, which includes minimum software royalty commitments. Over the life of the agreement, both the platform support payments and the minimum software royalty commitments are expected to measure in the ...

Nokia Siemens Scores Massive Funding

Nokia Siemens Networks has received approximately $1.56 billion in new funding from a collection of European and U.S. banks. Citing a source familiar with Nokia Siemens’ plans, Reuters reports that the company sought $1.96 billion in funding, but had to settle for the lesser amount due to current market conditions. Parent companies Nokia and Siemens last year said they would no longer contribute funding to the joint venture, which announced job cuts of 17,000 in November. Nokia Siemens has struggled to compete with rival networking gear makers. ...

Nokia Looking to Offer Each Network Its Own WP7 Flagship

Nokia want to sell an exclusive Windows Phone device with each of the major U.S. network operators, said Nokia’s U.S. chief Chris Weber in an interview with Fierce Wireless. “The most important thing we can do in the U.S. market is bring exclusive devices and opportunities to each of the carriers. Doing that exclusivity and giving them something unique allows us to get great carrier support. I think it’s critical for us to be successful in the U.S. That’s the way you get great carrier support.” Weber did not indicate that Nokia has concrete plans to offer such ...

Nokia to Debut LTE 4G Windows Phone in U.S. with AT&T

Nokia CEO Stephen Elop today said that the company is going to launch its first Long Term Evolution 4G Windows Phone device in the U.S. market with AT&T. The New York Times earlier reported that Nokia would unveil the Lumia 900. Nokia has a separate press conference scheduled for Monday afternoon during CES in Las Vegas. It is expected to show the Lumia 900 at that time. Tweet Vote on HN ...

Nokia Buys Feature Phone Software Maker

Smarterphone AS, a software company based in Norway, was purchased by Nokia in November 2011 said the company. Smarterphone makes a feature phone operating system that is said to provide a smartphone-like user experience on lower-cost hardware. Smaterphone was sold by it Ferd Capital, and investment firm. Nokia currently uses its own S40 platform for lower-cost handsets and feature phones. Nokia has not said what it intends to do with Smarterphone’s platform and terms of the deal were not disclosed. ...