Nokia has not ruled out acquisition of HMD (translated)
03 OCT 2018
Nokia, the Finnish telecom network equipment company, has not ruled out a possible acquisition of HMD, the Finland–based maker of mobile phones, according to Talouselama.
The Finnish-language piece cited Risto Sillasmaa, the Chairman of Nokia, who said that anything is possible when asked whether Nokia would want to return to making handsets by acquiring HMD. However, he added that the company has no such current plan.
HMD's sales were EUR 1.8bn last year.