HELSINKI: Nokia does not expect to close the sale of its phone business to Microsoft until April as talks with Asian regulators drag on, it said on Monday, fuelling speculation it may have to make technology patent concessions to get the deal done.
After selling its loss-making handset business, Nokia — which expected the deal to close this month — will derive more than 90% of sales from its telecom network unit, but its patent portfolio is seen as a promising source of future growth.
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