Nokia CEO denies acquisition talks with Microsoft
Nokia CEO Stephen Elop on Wednesday responded to reports that Nokia had agreed to sell its cell phone business to Microsoft for $19 billion. BGR was first to report the rumor, sourced from industry insider Eldar Murtazin. “We have a great plan for our future, and we’re focused on executing that plan,” Elop told Bloomberg in an interview. “The rumors are all over the place. There’s no basis for them.” According to Bloomberg’s report, Elop claims not only that a deal hasn’t been reached, but that Nokia has never discussed a potential acquisition with Microsoft.
Zach Epstein
Zach Epstein is the Executive Editor of BGR. He has 10 years of industry experience, first in marketing and business development with two private Telcos, then as a writer and editor covering business, technology and telecommunications.
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