Nokia is Not For Sale, Says Elop in Q&A

Recent rumors have Microsoft, Samsung, and possibly a few other companies as potential acquirers of Nokia. Buying Nokia would be an expensive proposition, costing a buyer many billions of dollars. Buying Nokia, which still sells more handsets than any other OEM, would also be subject to regulatory scrutiny. CEO of Nokia, Stephen Elop, is currently at the Open Mobile Summit. In one particular Q&A session, he debunks all rumors that Nokia is for sale. As on attendee reports:

Nokia Q&A at #OpenMobile: @selop says Nokia is not for sale to @BenWood

However, take this comment with a grain of salt. CEOs tend to be quiet about potential acquisitions as to not affect stock prices and staff and customer moral.

Source: MyNokiaBlog

Discuss This Post

Share This Post

Watch the Latest Pocketnow Videos

About The Author
Brandon Miniman
Brandon is a graduate from the Villanova School of Business, located near Philadelphia, PA. He's been a technology writer since 2002, and, in 2005, became Editor-in-Chief of Pocketnow, a then Windows Mobile-focused website. He has since helped to transition Pocketnow into a top-tier smartphone and tablet publication. He's so obsessed with technology that he once entered a candle store and asked if they had a "new electronics" scent. They didn't.