Nokia says goodbye to mobile definitely - Five Days

yesterday said goodbye to Nokia phones, after 25 years making these devices. Its shareholders at a special meeting approved the sale of the mobile unit to Microsoft by 7,200 million dollars (5,440 million euros). After four hours of meeting at a hockey stadium (by the influx of shareholders who were), the transaction was approved by the affirmative vote of 99.7% of shareholders 5,000 participants, representing 80% of Total.

Nokia announced last September that it had reached an agreement to sell its mobile business and to license its patents to Microsoft. Now, once the approval of shareholders, the transaction is expected to be formalized definitely in the first quarter of 2014, after the competition authorities of the EU and the U.S. have given approval.

promise of acting CEO of Nokia, Risto Siilasmaa, that part of the proceeds from the sale will be distributed among the shareholders helped small Finnish investors to spend the bitter pill of seeing disappear one of their national symbols , Efe reported. The same agency added that no lack of criticism of the former CEO of Nokia, Canadian Stephen Elop, who many accused of having worked for Micrososft since joining the company.

now Nokia is dedicated to the manufacture and maintenance of telecommunication networks and development of digital maps and geolocation services. The firm primarily compete with vendors like Huawei, ZTE, Alcatel-Lucent and Ericsson. The Nokia Solutions and Networks unit generates 13,300 million per year. The company will also manage its extensive portfolio of mobile patents, a business with entering 500 million annually.

Nokia shares fell 3% yesterday, but its shares closed on Monday at 6 euros, doubling its value since the announcement of the sale to Microsoft in September. Since early this year, have risen by 98%.

selling Nokia mobiles has occurred after the firm lost its leadership in mobile phone against companies like Samsung and Apple, and after entering the company in a dangerous financial decline. Only in 2012 Nokia lost 3.106 million. The firm, which entrusts its future to the new Lumia Windows, is eighth in the business of smartphones .