Cable / Telecom News

Nokia returns to mobile device market through licensing deal


ESPOO, FINLAND – Nokia has signed a strategic brand and intellectual property licensing agreement enabling HMD Global Oy (HMD) to create new generation of Nokia-branded mobile phones and tablets for the next ten years.HMD, a newly founded company based in Finland, also announced that it has conditionally agreed to acquire from Microsoft the rights to use the Nokia brand on feature phones, and certain related design rights, making it the sole global licensee for all types of Nokia-branded mobile phones and tablets.  Its new smartphone and tablet portfolio will be based on Android.HMD and Nokia Technologies have signed an agreement...