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Nokia preparing to sell Vertu

Written by Andre Yoskowitz @ 30 Apr 2012 12:14 User comments (1)

Nokia preparing to sell Vertu Struggling mobile phone maker Nokia is allegedly in "advanced talks" to sell its luxury unit Vertu.
The buyer would be private equity group Permira, says the Financial Times.

Nokia will likely raise over 200 million euros from the sale, although the potential deal is not set in stone set.

Vertu makes the most expensive phones in the world, with some costing over 100,000 euro due to their crystal displays, diamond trim and keys made of sapphire.

Check some of Vertu's devices in action here: Vertu

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1 user comment

130.4.2012 13:54

Wow...I know it's an over reaction but my first thought would be to punch anyone that bought one of these right in the face...

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