Menu
You can't hurry love, nor the next Nokia phone

You can't hurry love, nor the next Nokia phone

The company is taking its time finding a licensee to build a branded handset

Nokia is looking for a licensee to make a phone carrying its brand, but it's not an urgent mission at the mobile network behemoth.

When the company sold its handset business to Microsoft in 2014, it retained the right to make phones under the Nokia name starting in the fourth quarter of this year. It's still searching out the right partner, CEO Rajeev Suri said.

"There's no rush. Could happen in 2016, could happen later," Suri said. If there is another Nokia handset, the company won't make it but will design it, he said. The partner will handle manufacturing and distribution and should be able to do it globally. The license fees and royalties would be good business for Nokia, Suri said.

The comments, in response to a question, were the most casual Suri made in a forceful press briefing on the eve of Mobile World Congress in Barcelona.

Mostly he crowed about the company's US$16.5 billion acquisition of Alcatel-Lucent, which it effectively finished in January. The new Nokia is ahead of schedule on cutting costs, is prepared to sell off more businesses if they aren't competitive, and hasn't had the kinds of infighting that has plagued other giant networking mergers, Suri said.

Nokia now controls one of the world's biggest wired network infrastructure companies, along with its own mobile network business. The handsets that made the Finnish company a household name around the world in the 1990s are no more since Nokia sold that business to Microsoft.

But Suri believes a Nokia-branded phone could carry a price premium due to that name recognition. He didn't say any more about what kind of partner the company's looking for, just that it wants to find the right one. Nokia also wants a way to back out of the deal if the licensee doesn't meet its standards -- sort of like a corporate prenuptial agreement.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags MWC 2016

Slideshows

Top 50 defining moments of the New Zealand channel in 2016

Top 50 defining moments of the New Zealand channel in 2016

Reseller News looks back on a tumultuous 12 months for the New Zealand channel, assessing the fallout from a year of sizeable industry change. Whether it be local or global mergers and acquisitions, distribution deals or job changes, the channel that started the year differs somewhat to the one set to finish it - Reseller News assesses the key moments that made 2016.​

Top 50 defining moments of the New Zealand channel in 2016
​Hewlett Packard Enterprise honours high achieving NZ channel

​Hewlett Packard Enterprise honours high achieving NZ channel

Hewlett Packard Enterprise honoured its top performing Kiwi partners at the second running of its HPE Partner Awards in New Zealand, held at a glitzy ceremony in Auckland. Recognising excellence across eight categories - from distributors to resellers - the tech giant celebrated its first year as a standalone company, following its official split from HP in 2015.

​Hewlett Packard Enterprise honours high achieving NZ channel
Nutanix treats channel partners to Christmas cruise

Nutanix treats channel partners to Christmas cruise

Nutanix recently took to the seas for a Christmas Cruise around Sydney Harbour with its Australia and New Zealand staff, customers and partners to celebrate a stellar year for the vendor. With the sun out, they were all smiles and mingled over drinks and food.

Nutanix treats channel partners to Christmas cruise
Show Comments