Thursday, 19 May 2016

Nokia Is Back On Mobile Phone Market Through Brand Licensing


Nokia Is Back On Mobile Phone Market Through Brand Licensing 

The Finnish multinational communications and information technology company Nokia announced on Wednesday 18 that it has signed a deal for the 10 years with the company HMD Global independently licensing its brand for the mobile phones and tablets and the devices will be manufactured by a subsidiary of Taiwan’s Foxconn.

The company Nokia, which was once the largest manufacturer in the world of mobile phones, has sold its handset business to the tech giant Microsoft in 2014. However, the company got their patent and began preparing a return to the market through brand licensing, and currently the company gets most of its revenue from the telecommunications equipment.

Nokia HMD will receive the royalty payments related to the sale of products with its brand. “Instead of the Nokia back to produce cell itself, the HMD plans to produce mobile phones and tablets that can enlarge the Nokia brand value in global markets,” said Ramzi Haidamus, head of Nokia’s patent unit.

The HMD also reached with the tech giant Microsoft for access to Nokia’s portfolio and on Wednesday, before the Nokia announced its return to the mobile phone market, the company announced the purchase of basic cell area, known as “feature phones”. Beside the FIH Mobile, a subsidiary of Foxconn, will pay US $350 million.

As part of the agreement, HMD will buy Microsoft’s Nokia brand to use rights in basic mobile phones by 2024. As the company HMD said in a statement that “Together, these agreements will make HMD the only global licensed for all types of phones and tablets with the Nokia brand”.

The HMD is a newly established company which is controlled by the Smart Connect, an investment fund managed by Jean-Francois Baril, a former employee of Nokia. Hence, the company Nokia did not give details about the releases of new handsets. But, the agreement between the tech giant Microsoft and the HMD to be completed in the second half of 2016.
  1. Wow! It will be nice to have them really back

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  2. It would be so good for them to make an Android with a strong lasting battery

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  3. I don tire for dis data scarcity oo wen free browsing go come out

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  4. Pelumi you know last week another free 5gb data was unfolded, i got it on my Sims, said it will be perfect to post it on Sunday probably early morning or in the night. Before that some people or will i say bloggers got it and released it immediately, after 30mins it was blocked and within the next few hours they removed the data but that my crazy cousin bro viper said he has bbeen using it for almost a week.

    Main reason why there's a scarcity is because cheats are blocked few minutes of releasing it, there's so many bloggers in this 2016 that do post it making it so easy for mtn to detect it.

    Last year it wasn't like this, you post a tweak here and it lasts but since the turn of this year, there's so many sites posting tweaks that they will even go to nairaland and Facebook to advertise it.

    So some people who got cheats now hides it and when yyouremembered the likes of iykomo you will even hide it more. My crazy cousin viper has a brother who works with mtn and i tell you some of these data leakage na them dey tell people about it especially the badt guys in working for these network providers.

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  5. Meaning there's really no safe way to get free data cheats to last a while before it gets blocked. Sad

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  6. Raheem in this 2016, it is now very difficult. Especially with the likes of iykomo who will report it to mtn so as to get favor from them. Creating a WhatsApp group, Telegram group, don't know who is who. Tweaks will no longer last again unlike before.

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  7. Really annoying but we should be happy we've got manageable cheap data. One thing i noticed is that cheats surface only on weekends this day's

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  8. We should find a coded a way for given cheats out. That will make it last a week or so. @Amaechi abeg forward any cheat way show to me for mail. If you dont want to post it

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  9. HOW TO SUBSCRIBE TO MTN 500MB FOR N100

    – Make sure you have N100
    – Then dial *446*11*4*7*5#
    – You’ll get a confirmation message upon successful subscription & 500mb
    will be given to you.
    – Dial *559# or *559*2# to check your balance..
    Its working admin

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  10. Hehehehehe....
    Pelumi's last comment...
    OK o

    Well it's good to have Nokia back on the radar let's see if their magic touch is still with them...
    Can't wait to see their first release

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  11. @ike zee fight for ur right oo. Nah magic weekend we dey oo Admin find something for boyz

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  12. I mean to all those that enjoyed the free 4GB data tweak on etisalat that i posted on this blog last month...

    How Can I Get The Renewed Free Data?
    It is very easy because there is no settings, no tweak. Just be sure your free data has expired (reached 30 days), then check your data balance by dialing *228# or you can use this alternative method. dial *229*2*2# and then dial *8186*1# for 3 times and wait for confirmation SMS

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  13. Good to be back, off for almost 2days now.

    @george thanks bro but you didn't state if it is for day or night and probably daily, weekly or monthly.

    Pelumi i can't be sending tweaks to people's emails, anything i got, i will publish it here without minding if it will get blocked within the next minute.

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  14. With new and even more dedicated players in the telecommunications game such as Injoo, Tecno and the like I really don't see this Nokia-HMD marriage doing anything that hasn't already been done before.. I guess rolling out even cheaper high end phones will be the only play at least until they regain a foothold in the market like they once did. And about the incessant and morbidly annoying rate at which free data tweaks are blocked, only God can help us with that one because this isn't the first or the last time the Iykomo incident is gonna happen. Still I'm pretty optimistic!

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