InfoAnda - Nokia's woes might call for Microsoft aid |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Digital mirror: fashion brands convey glamour online | | 11 March 2010
US defence chief sorry over Afghan child deaths | 7 March 2011
Obama speeds up stimulus spending | 9 June 2009

Fear, mistrust grip Myanmar's volatile Rakhine region | | 30 October 2012

Forum Views () Forum Replies ()

Read more with google mobile : Nokia's woes might call for Microsoft aid |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (2) Follow Reuters Facebook Twitter RSS YouTube Read Conservative rebel shakes up Greek politics 05 May 2012 Clashes erupt as Russians protest against Putin 12:00pm EDT Sarkozy faces defeat as France heads to polls | 10:11am EDT Gloom builds for euro zone, United States 04 May 2012 France's Sarkozy headed for election defeat | 05 May 2012 Discussed 148 One in seven thinks end of world is coming: poll 83 As America’s waistline expands, costs soar 74 April hiring seen picking up Watched Hungry zoo lion faces off with unfazed toddler Thu, May 3 2012 Windy weather makes for dramatic plane landings in Spain Thu, Apr 26 2012 9/11 mastermind appears before Guantanamo court Sat, May 5 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Life in France A look at the people and places that define France's unique culture. Slideshow Strange and unusual A recent sampling of strange and offbeat moments. Slideshow Nokia's woes might call for Microsoft aid Tweet Share this Email Print Related News Samsung unwraps latest Galaxy rival to iPhone Thu, May 3 2012 Nokia defends strategy to exasperated investors Thu, May 3 2012 Nokia files patent lawsuits against HTC, RIM Wed, May 2 2012 German court rules against Microsoft in Motorola patent fight Wed, May 2 2012 Microsoft eyes tablet lift via Barnes & Noble deal Mon, Apr 30 2012 Analysis & Opinion Essential reading: Microsoft’s Nevada tax break, debating Apple’s tax rate, and more Who won Microsoft v. Barnes & Noble patent litigation? Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » Media » A corporate logo is displayed at the Nokia flagship store in Helsinki September 29, 2010. Credit: Reuters/Bob Strong By Victoria Howley LONDON | Sun May 6, 2012 5:04am EDT LONDON (Reuters) - Addressing Nokia Oyj employees in January 2011, Chief Executive Stephen Elop - at that point only four months into the job - dramatized the company's predicament by comparing it to standing on a burning platform. Nearly a year and a half on, and with Nokia's Lumia mobile phone range failing so far to revive sales, its position still looks frail. Its shares have lost 90 percent in five years and its debt is rated junk by two of the three major ratings agencies. Might Microsoft Corp, Elop's former employer and whose software Lumia is based on, have to step in to help Nokia out, seeing the Finnish company as a valuable point of entry into the cellphone market? Analysts have attributed Nokia's decline in large part to its late response to Apple Inc, whose iPhone redefined the smartphone market in 2007, and some see a marriage with Microsoft as possibly a last chance to turn the group around. For Microsoft the relationship is important, because Nokia was its first major break into the smartphone market after a decade of heavy investment. During that period other cellphone makers either chose to use their own software - as did Apple - or favored Google Inc's Android. "If Nokia ends up in financial difficulties I believe the helping hand would be there," said Sami Sarkamies, an analyst at Nordea. Nokia and Microsoft declined to comment. MORE SUPPORT Microsoft is already paying Nokia $1 billion a year to use its software on Lumia smartphones. And investment bankers familiar with the technology sector said the support could extend well beyond that amount, if Nokia's problems intensify. "I don't see Microsoft owning Nokia, but it would definitely provide financing to the tune of a couple of billion dollars," said one veteran technology banker. Any Microsoft support for Nokia would be more likely to take the form of an inter-company loan, or an equity stake, rather than a full takeover, a second banker said. Even though Microsoft has nearly $60 billion of cash on its balance sheet, the company has traditionally steered clear of the hardware business, because it does not want to compete with the manufacturers that use its software. Yet other priorities may override that consideration. At the same time, some bankers said they thought Nokia, which has a market value of 9.3 billion euros ($12.2 billion), was an unlikely target for other cellphone manufacturers because of its deep integration with Microsoft. "I don't see it as a target for private equity either. It is still too expensive and too volatile," said a third banker. "You would have to be prepared to catch a falling knife." With a full takeover of Nokia seeming unlikely, some bankers and analysts were equally skeptical about asset spin offs as a way for the company to raise some much-needed liquidity. OTHER ASSETS Nokia is in talks to sell its British luxury subsidiary Vertu, which makes some of the world's most expensive mobile phones, a source familiar with the company's strategy told Reuters previously. Yet Vertu is expected to generate only a few hundred million euros if it is sold to private equity firm Permira. And bankers said Goldman Sachs' mandate to sell the business did not extend to any other Nokia assets. "Banks are pitching ideas to them like they always do, but I'm not aware of any other mandates to sell Nokia businesses or any wider mandate to advise the company on options," the first source said. Nokia's other assets that could be of interest to potential buyers include its intellectual property portfolio, which a fourth banker described as "the best in the industry". Yet Elop told the company's shareholders' meeting on May 3 he was not planning any wider patent sales. He also said he saw the location and mapping business, built on the $8.1 billion acquisition of U.S. firm Navteq, as a core asset the firm would aim to keep, despite some expectations it could be sold. The fourth banker said Microsoft was likely to urge Nokia not to put its patents on the block in any case, because it would not want them to fall into the hands of Google. The only other asset of any size that Nokia could potentially sell would be its half of Nokia Siemens Networks (NSN). Yet its parent companies Nokia and Siemens tried to sell NSN last year to private equity, a process that collapsed over price, and there seems no obvious reason why they would be more successful now. For Elop, there remain painful decisions to secure his legacy as head of what once ranked as one of Europe's biggest technology success stories. "Elop was not hired as a boss for a burning platform," said John Strand, founder and CEO of Danish consultancy Strand Consult. "He put the platform on fire." ($1 = 0.7603 euros) (Additional reporting by Tarmo Virki, Josephine Cox, Leila Abboud and Bill Rigby.; Editing by David Holmes) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (2) StigTW wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Sunday, 6 May 2012
Putin says ready to go far in U.S. relations: Ifax |
Sudan says South Sudan troops inside its territory |
Netanyahu is mistaken on Iran, says election rival |
Bahrain says home-made bomb wounds four policemen |
Leading Iraqi lawmakers threaten vote of no confidence |
Voting starts in France, Sarkozy headed for defeat |
Angry Greeks vote in cliffhanger election |
Clinton pressures Bangladesh government in Grameen Bank row |
Heavy fighting rocks eastern Syria: residents |
Conservative lawmaker says UK PM Cameron should go |
Hardline Myanmar vice president resigns, says report |
Merkel's party set for photo finish in state vote |
Italy local vote provides test for Monti austerity |
Heavy fighting rocks eastern Syria ahead of poll |
Clashes erupt as Russians protest against Putin |
Merkel's party in dead-heat with rivals in state vote |
Taliban stronger than before U.S. troop surge: lawmakers |
Egypt extends curfew in Cairo district for 3rd night |
Bahrain arrests rights activist Nabeel Rajab |
Netanyahu likely to announce September 4 Israeli election |
Backing EU bid, Serb right tries to oust liberals |
Nokia's woes might call for Microsoft aid |
Avengers flexes muscles with $200 million in U.S., Canada |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01