Feeds

Symbian minorities to block Nokia sale

Mobile operating systems are go

  • alert
  • submit to reddit

Boost IT visibility and business value

Nokia's bid to own 63 per cent of Symbian could be in doubt. Earlier this month Psion announced its intention to sell its 31.7 per cent stake in Symbian to Nokia for up to £135.5m handing the Finnish company control of the company.

But unnamed sources have told Reuters that other shareholders, including Ericsson, could use their own rights to buy Symbian shares to block the move. If successful, Nokia could be left with just 46 per cent of Symbian, Reuters says.

The Symbian operating system shipped in 2.76 million handsets in the fourth quarter of 2003. This was up from 0.98 million for the fourth quarter of 2002. In December the smart phone OS designer exceeded the million phones a month mark for the first time.

Some 6.67 million Symbian phones in total shipped during 2003 - More than ten million phones now use the software. Eighteen Symbian OS phones from five licensees were available in the period. At the end of the fourth quarter nine licensees were preparing 26 phones for market. Two licensees shipped four 3G handsets to NTT DoCoMo in Japan and three in Europe.

Symbian receives $7.25 per unit for the first two million units, and $5 thereafter. ®

Related stories

Nokia bags Psion's Symbian stake
Nokia - dooming Psion's legacy to obscurity?

Related Products
Find your next PDA at The Reg Mobile Store

Secure remote control for conventional and virtual desktops

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.