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Nokia and Microsoft sign strategic tie-up

Nokia and Microsoft sign strategic tie-up

Embattled mobile phone firm Nokia has signed up to a “broad strategic partnership” with Microsoft in an effort to rebuild its fortunes.

Stephen Elop, Nokia’s recently appointed chief executive, said Nokia will use Windows Mobile 7 as its primary smartphone platform. Elop has also shaken up the senior management team, having warned staff this week that the company was standing on a “burning platform”.

http://www.callforassistance.com/?writing-college-essays-for-applications Writing College Essays For Applications Speaking in London this morning, Elop said the partnership meant the mobile market was now a “three horse race”, with Nokia-Microsoft competing strongly with Apple, and Google’s Android platform.

Steve Ballmer, Microsoft’s chief executive, said the alliance would “dramatically accelerate” the take-up of handsets running Windows Mobile. But the initial reaction to the deal was muted, with Nokia shares falling by 10% in early trading in Helsinki.

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