Feeds

Nokia gobble: Microsoft can't get free of red-tape bondage 'til April

Late night post by Redmond lawyer spells out regulatory delays

Bridging the IT gap between rising business demands and ageing tools

Here's an eyebrow-raiser: Microsoft's general counsel and executive veep for legal and corporate affairs Brad Smith has roused himself late on Sunday evening to blog about the company's acquisition of Nokia.

In a statement posted at 11:10 PM on Sunday night, Smith said "we expect to close next month, in April 2014."

Why did Smith disturb his Sunday? At a guess, because when Microsoft announced the plan to buy Nokia's mobile device business last September it put the words "The transaction is expected to close in the first quarter of 2014, subject to approval by Nokia’s shareholders, regulatory approvals and other closing conditions" into this press release.

With March, and therefore the the first quarter of 2014, nearly over, Microsoft appears to have acknowledged that its self-imposed deadline won't be met. That's the kind of thing investors and regulators generally like to know about, so a post may be a way of doing that without getting into the heavier territory of an 8-K filing with the Securities and Exchange Commission. The timing of the announcement - a few hours before US markets open - is another possible hint for the announcement's timing.

Smith also says that "to date we have received approvals from regulatory authorities in 15 markets on five continents" and Microsoft is "awaiting approval confirmation in the final markets" and is eagerly "... looking forward to accelerating innovation and market adoption for Windows Phones and introducing the next billion customers to Microsoft services via Nokia mobile phone

Might the "and" we've italicised be significant? If it isn't, it's just Microsoft marketing-speak. If it is, could it be an admission that Android figures prominently in Microsoft's plans for the next billion? Reading some significance into the "and" makes at least some sense given Nokia's recent announcement of Android-powered handsets. Microsoft is, after all, now a "devices and services" company. Does it matter what the devices run, so long as they provide a gateway to services? That "and" may yet be a bigger eyebrow-raiser than the timing of the announcement. ®

Build a business case: developing custom apps

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
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.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.