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Microsoft To Buy Nokia Handset Business For £4.6 Bn

Microsoft To Buy Nokia Handset Business For £4.6 Bn

Microsoft on Tuesday (September 3) said it will buy Nokia's phone business and license its patents for £ 4.6 billion, making its boldest foray yet into mobile devices and bringing Nokia executive Stephen Elop back into the fold.
Verizon Poised For Historic $130 Billion Vodafone Deal

Verizon Poised For Historic $130 Billion Vodafone Deal

Vodafone late on Sunday (September 1) said it was in advanced talks with Verizon to sell its 45 percent stake in the Verizon Wireless joint venture for cash and common shares in what would be the world's third-largest deal of all time.