Nokia’s share price rises following China Mobile deal

Written by: Mobile News
Nokia’s share price rises following China Mobile deal

Price on Helsinki exchange reaches highest level since May

Nokia’s share price has risen by almost 10 per cent in 24 hours to hit €2.7 (£2.19), its highest level since May.

The rise follows yesterday’s announcement of a deal between the manufacturer and China Mobile to supply a version of the Lumia 920 in China.

Earlier this week Nokia also announced it was selling its head office in Finland for £138m and would immediately lease it back from consulting company Exilion.

Discussing the China Mobile deal Nokia president and CEO Stephen Elop said: “”We are delighted to partner with China Mobile, the world’s largest operator, to introduce China’s first Lumia based on Windows Phone 8. We’re confident that the enthusiasm for the device will extend to China with the Lumia 920T,”

 

Leave a Reply

To advertise on this site, call 0203 122 0872

Recent Comments

Is that the bloke from 5ive? Yawn. I'd pay 50p to get Slam Dunk Da Funk as a ringtone. Burned....
Vodafone have been charging PAYT customers for years to access Customer Services, whats new?...
Really?...
Great Guy, amazing commercial acumen....
Unless we see our payment through our distributor this month we will be out of business....
EE are terrible, how do they expect businesses to servive the wait....
will not use vodaphone tax avoiders, does any one of them pay any tax???...
How can a customer abuse an unlimited package? The networks abuse the word unlimited more like. If they don't want people to truly use their package without limits, they should have a clea...
Members get their internet suspended when they tether on unlimited goodybags. Can we see these 1000 posts from angry users please?...
I wonder which one of these dismal pair will be responsible for customer support? Support - LOL...

Social Media Feed