April 4, 2011
Nokia And Microsoft Talks On Track
Nokia said on Monday that talks with Microsoft on a software deal are on schedule and a large number of Nokia Windows phones should be on the market in 2012.
"Negotiations have progressed very well. They will be concluded well on schedule," Kai Oistamo, head of corporate development at Nokia, said in a statement on Monday.The companies signed a non-binding agreement on February 11 for Nokia to start using Microsoft software as its main operating system in smartphones.
Nokia chief executive Stephen Elop said in a statement in February that it would take at least a couple of months to sign a deal.
The long negotiation process has led analysts to question whether the partnership can produce quick results.
Some analysts said talks should be concluded by the end of April when Nokia plans to start talks over job cuts due to the agreement.
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