Nokia could sell its patent portfolio at a right price; unlikely to make any large deals - report (translated)
Nokia, the Finnish network equipment company, could sell its patent portfolio at a right price but is unlikely to make any large deals, according to Arvopaperi. The Finnish-language piece cited Tommi Saukkoriipi, the fund manager from SEB bank who was commenting on the regulatory approval of the merger between Nokia and the French Alcatel Lucent.
The piece wrote that the new Nokia is beginning to emerge and that it is possible Nokia could sell its patent portfolio. Saukkoriipi said that everything depends on the price. Nokia managed to sell its handsets at a favourable price as it did with the mapping services.
He also said that it looks unlikely that Nokia will make any large M&A deals since 90% of the market is already consolidated. Nokia could give out larger dividends to its shareholders instead, he added.
Arvopaperi