Microsoft's $7.5 billion deal to buy Nokia's devices and services business and license its patents is now expected to close in April, later than the companies had hoped. The companies said regulators in Asia still need to approve the deal.
Nokia said its €5.4 billion ($7.4 billion) deal to sell its devices and services unit to Microsoft is now expected to close in April, missing the previous deadline of the first quarter of the year.
A move by handset makers to a "less is more" strategy may impact the inclusion of pressure sensors and other sensors in smartphones, said a top Nokia executive.
Rajeev Suri, the current CEO of Nokia Solutions and Networks (NSN), is hotly tipped to become parent company Nokia's next chief executive once the sale of its handset business to Microsoft is completed.
Smartphones dominated mobile phone device registrations in the United Arab Emirates (UAE) in the fourth quarter of 2013, figures from the country's telecoms regulator show.
Microsoft CEO Satya Nadella, co-founder Bill Gates and other board members and executives initially were against former Steve Ballmer's idea to purchase Nokia's handset business and licenses its patents for $7.5 billion, according to a Bloomberg BusinessWeek report.
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Former Microsoft CEO Steve Ballmer has been off the job for one month but he's reflecting on his time leading the software giant and regrets not moving sooner to integrate mobile hardware and software.
Google and Samsung Electronics are prodding Chinese regulators to ensure that once Microsoft's deal for Nokia's handset unit closes they won't be forced to pay higher patent licensing fees, according to a Bloomberg report.
Nokia Solutions and Networks said commercially available equipment was used to deliver an aggregate downlink of 1.7 Gbps from a single site on Optus' live network in Sydney, Australia.