Forbes: Microsoft may acquire Nokia again next year

According to Forbes yesterday, citing news from CCS Insight, a mobile analytics agency, Microsoft is one of the popular companies acquiring Nokia’s communications and mobile phone businesses.

▲ Picture source Forbes & GETTY IMAGES

The report pointed out that the agency’s predictions for 2021 include that Nokia will be acquired by a major US technology company next year, and both Microsoft and Intel are likely buyers to conclude the transaction.

Naijatechnews learned that in 2013, Microsoft spent more than 7 billion US dollars to acquire Nokia’s mobile phone business, trying to use Windows Phone to provide a third alternative to iPhone and Android phones. Until the fiasco in 2016, the Nokia brand was assigned to HMD and Fu Zhikang.

According to CCS, because the US government bans telecommunications suppliers from using equipment from Chinese suppliers such as Huawei, another telecommunications equipment manufacturer is needed as an alternative. Nokia’s network communications department happens to interest the US giants .

In addition, Nokia reached an agreement last week to become the largest equipment supplier for British Telecom (BT), the largest telecommunications operator in the UK. In this regard, CCS Insight Director Mann said, “Nokia may be easier to acquire, and Microsoft has a strong interest in the telecommunications field. We have seen them acquire twice this year (Metaswitch and Affirmed Networks).”

In addition to Microsoft, Intel is also interested in “acquiring Nokia.” Mann said that Intel will observe in the telecommunications field in the next few years.