HELSINKI, Southern Finland: Nokia said on Tuesday it was selling its beleaguered mobile phone unit to Microsoft for 5.44 billion euros ($7.17 billion) as the US tech giant tries to fight back against rivals Apple and Google.
Investors cheered the news, as Nokia’s share price soared by 45 percent in opening trading on the Helsinki stock exchange to 4.3 euros.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.