Feeds

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

Late night post by Redmond lawyer spells out regulatory delays

Build a business case: developing custom apps

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. ®

Boost IT visibility and business value

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Fast And Furious 6 cammer thrown in slammer for nearly three years
Man jailed for dodgy cinema recording of Hollywood movie
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

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.
5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?