Nokia shareholders to vote Tuesday on Microsoft purchase
The deal is expected to close in the first quarter of 2014, but before that happens, there is Tuesday's voting which will take place after shareholders get to speak their mind about the transaction. Not all Nokia stockholders are in favor of the deal and those who want to express their dissatisfaction will be able to do so tomorrow at Helsinki's Ice Hall Arena, where the voting is going to take place.
One of the big complaints in Finland is that a company seen as a national treasure is being sold. At one time, Nokia accounted for 4% of Finalnd's GDP. Another complaint heard from Nokia stockholders, deals with former CEO Stephen Elop's decision to align Nokia with Microsoft's Windows Phone platform instead of Google's open source Android OS.
1. ShenAlJoker (Posts: 112; Member since: 19 Jul 2013)
Let nokia be Free!!!!!!!!!!!!!!!!!!!!!!!!!!
25. LiyanaBG (Posts: 381; Member since: 07 Nov 2013)
if Nokia accept this deal they will be killing themselves forever. Nokia needs to be international/free they should be able to make all kinds of phones WP or Android or maybe Tizen/other future OS's :)
43. microsoftnokiawin (Posts: 1063; Member since: 30 Mar 2012)
agree on all except instead of tizen nokia should support their finnish buddies and support sailfish !!!
28. Arman (Posts: 47; Member since: 08 Jul 2013)
please for the love of god.. don't let microsoft ruin this one too.. nokia must make devices for all ecosystems... I want a Highend Android Nokia and a Windows phone midrange one at the same time.. is it that hard ?
Nokia is a Strong brand for people like me (28 years old and several years of experience with nokia devices) and Im sure it can live without external help.
ditching symbian was a right thing but Windows exclusivity was the worst decision ever. windows is good for low end to midrange(simplicity - performance) and android for high end(sophistication - apps - multi tasking - etc)..
35. akki20892 (Posts: 3744; Member since: 04 Feb 2013)
Lets hope they don't vote then we will see Nokia Android next year.
2. alpinejason (Posts: 262; Member since: 06 Sep 2011)
Please. Please Nokia Don't Do it.you would be sleeping with the devil and besides that Nokia is the best hardware company around soon to be lost in the hands of evil Microsoft please I am begging
3. woodshop20 (Posts: 459; Member since: 14 Sep 2013)
I really hope Microsoft doesn't buy Nokia. Especially since that Trojan horse Elop is rumoured to be the new CEO. I can't stand the thought of him ruining Microsoft as well.
41. drdaly (Posts: 38; Member since: 09 Nov 2012)
Just consider it that way: MS. Did have trojan horse which is "Elope" inside Nokia dicision making, he has been taking wrong dicisions for Nokia intentionally i think to let MS. Get to buy a once successful titan Nokia with low price.
Either he's being stupid which i cant accept or, he is corrupted which i see very much logical
4. aryanfr1 (Posts: 102; Member since: 24 Jan 2013)
Elop was a torjan Horse and when Eldar Mutrazin told the world he was ignored, and now when pathetic elop gigles for making Nokia the next Zune............. I can only say I miss you Nokia and you should had opt for any of your country men rather than any foreigners representating whatsoever County.
6. bugsbunny00 (Posts: 1438; Member since: 07 Jun 2013)
why not customers vote too?the product used by customers,and theyll vote android and nokia will be the top mobile smartphone.
15. Alex123 (Posts: 241; Member since: 17 Oct 2012)
Good idea. Customers should be allowed to vote or Phonearena can post article that allows users to vote before the official poll coming so that it can help Nokia shareholders to make a right decision
26. LiyanaBG (Posts: 381; Member since: 07 Nov 2013)
Phonearena give us a poll everyone votes and send the poll at the end to Nokia HQ.
37. EgyDroid (Posts: 111; Member since: 10 Oct 2013)
Like the phonebloks idea....
we should do it
I really don't want MS to buy nokia It's a legendary company and it would be sad to just vanish like this
46. PBXtech (Posts: 997; Member since: 21 Oct 2013)
Customers vote with their wallets. Unfortunately in this case it might be after the fact.
7. timezone (Posts: 87; Member since: 16 Jun 2013)
Evil Microsoft...come on. Google steals peoples personal information and Apple is a cult. Microsoft has been more aligned with the customer. Go Microsoft!!!
39. papss (unregistered)
I agree.. more idiot fanboys with their goggles on as usual.
8. skuld (Posts: 44; Member since: 10 Jan 2013)
a bitter pill to swallow but Nokia is stuck with Microsoft. If only they opted to go with Android right at the get-go, the good company won't be where it is at. It's not too late however.
14. Alex123 (Posts: 241; Member since: 17 Oct 2012)
Of course, it is not too late for well-known and excellent hardware company like Nokia. You helped WP from Zero to become third biggest OS so why you have to give up??? Give it a try with another OS like Android or iOS and keep WP as your main OS at the time being.
9. timezone (Posts: 87; Member since: 16 Jun 2013)
Android is Samsung. Nokia with Android would have been invisible. Going with the windows phone was and is the right move. The gains Nokia has made around the world and starting to show in the US proved they made the right decision.
11. julz17ronald (Posts: 47; Member since: 26 Apr 2013)
I work for MS however, I feel like Nokia should stand on their own.
12. pookiewood (Posts: 629; Member since: 05 Mar 2012)
Oh the MS haters are in full effect on this article. Both companies are great and I'll root for both no matter the decision. MS evil? No more Evil than Google intentionally changing browser settings to spy on their "customers". Remember how ugly Apple treated their customers during antennagate? They ALL, MS included work with the NSA. They are all evil. Pick your poison and stfu!
30. Beijendorf (Posts: 331; Member since: 27 Aug 2013)
Except Nokia isn't an American corporation, and as such can tell the NSA to go shaft themselves since the NSA secret spy orders don't apply to Finnish people.
51. pookiewood (Posts: 629; Member since: 05 Mar 2012)
I do see your point but I wasn't really referring to Nokia. I'm calling out the MS haters that want Nokia to go Android.
38. tasior (Posts: 261; Member since: 04 Nov 2012)
Yes, MS is no more evil than Google. That's why all Nokia users want it to stand on its own. If google were to buy out Nokia we would complain as well...
50. pookiewood (Posts: 629; Member since: 05 Mar 2012)
Don't know you personally but I'm going to go out on a limb here and say if Google bought Nokia some of the people on here would be dancing in the streets.
13. Alex123 (Posts: 241; Member since: 17 Oct 2012)
Please Nokia reject the deal. We all want you to be independent. The brilliant further is waiting for you. Again, please reject the deal
16. UrbanPhantom (Posts: 949; Member since: 30 Oct 2012)
Nokia's future is NSN, and HERE - not mobile devices. Deal with it already!
17. droidgoms (Posts: 17; Member since: 26 Oct 2013)
pls... costumer must vote for this i dont want microsoft will hold nokia .... nokia is a giant... without nokia hardware microsoft os is nothing...eversince im nokia user because of its good quality and design phone.... nokia dont let this happen.....phone arena let nokia read all of this comment from your site let them hear what people want to happen....dont let NOKIA brand to rottttttttttttttttt........................
19. Taters (Posts: 3742; Member since: 28 Jan 2013)
I would actually like to see Microsoft make a phone on it's own. The Surface seems much more well designed than anything I have seen from Nokia and I would love to see a Surface phone.
If they buy Nokia, then it would never happen.
20. spectrums (Posts: 127; Member since: 14 Nov 2013)
I'm Vote Microsoft To Buy Nokia, Please Don't Say Nokia Again, Nokia Already Die :) R.I.P Nokia.
21. UrbanPhantom (Posts: 949; Member since: 30 Oct 2012)
Nokia isn't dead: it's just changing it's business model. Is Ericson dead? Do your research...
23. spectrums (Posts: 127; Member since: 14 Nov 2013)
Yes, Thats What I Mean, Nokia Already Die In Phone Business :)
22. itsdeepak4u2000 (Posts: 3311; Member since: 03 Nov 2012)
I wish Nokia shareholders make Nokia free....
24. GrapeEyes (Posts: 248; Member since: 01 Sep 2013)
I call on all the people of Finland to protest today at the Helsinki's Ice Hall Arena and say NO!!
Don't be like Britian: (just in the last 10 years).
UK mobile phone company O2 was sold to Spain's Telefonica for £18bn in 2005.
Boots was bought by by private equity firm KKR in 2007 for £11.1bn.
Airport owner BAA was sold to Spanish firm Ferrovial for more than £10bn in 2006.
German energy group E.on completed a £9.6bn takeover of Powergen in 2002.
ICI Dutch chemical group Akzo Nobel NV sealed an £8bn takeover of ICI in 2008.
Thames Water was acquired by RWE in 2001 for £4.8bn. Four years later, RWE sold to Australian Macquarie Bank- for £8bn.
Steelmaker Corus accepted a £4.3bn takeover offer from Indian rival Tata Steel in 2006.
P&O's £3.9bn takeover by rival Dubai Ports World was approved by a High Court judge in 2006.
Jaguar Ford sold its luxury UK-based car brands Jaguar and Land Rover to Indian company Tata for $2.3bn (£1.15bn) in 2008 .
Japan's Nippon Sheet Glass UK glass manufacturer Pilkington agreed to buy the remaining 80pc of Pilkington it does not already own for £1.8bn ($3.14bn) in 2006.
Please Finland people come out today and protest!!
Spread on Facebook, Twitter please!!
31. nsrsindia (Posts: 12; Member since: 15 Oct 2013)
vote nooooooooooooooooooooooo saleeeeeeeeeeeeeeeeeeeeeeeeeeee
32. Sire3008 (Posts: 87; Member since: 26 Sep 2013)
As a Windows Phone user I am tempted to say yes to MS but Nokia is a national treasure... It would be bad for them to sell Nokia to MS. Microsoft is really evil, they have the capital to make Windows Phone OS better than Android OS but due to there evil nature, they are waiting for the purchase of Nokia before they make that move. Nokia should say NO to MS and make Windows Phone and Android phone simultaneously. At least test Android for a while before killing yourself for eternity with MS. MS knows how to screw all there partners!! With Nokia making Android and WP, MS would have no choice but to take that bold step and make WP OS better. Google may still ur personal info but are far better than MS that will always screw you many times over. Google knows what the world wants(coming from a WP user)
34. Beijendorf (Posts: 331; Member since: 27 Aug 2013)
I would like to remind everyone that there's only one outcome to the vote.
Microsoft have already given Nokia a cash injection of $1 billion to keep them afloat while this deal goes through. Cancelling the deal would put them in a massive debt to Microsoft.
To further my point, the Nokia stocks would crash if the deal was cancelled, making profitability all but impossible for Nokia to recover.
I hate the deal, but Elops painted Nokia into a corner and is now reaping the benefits of it. There is no "Yes or no" vote. There's just "Vote yes or lose all of your money in the Nokia stocks".
36. shadez10 (Posts: 408; Member since: 15 Jan 2012)
i hope those shareholders wont agree on the purchase... NOKIA is NOKIA!!!
40. papss (unregistered)
I hope the shareholders do the right thing and sell.
47. PBXtech (Posts: 997; Member since: 21 Oct 2013)
Shareholders will go for the money, they almost always do. A sale wouldn't surprise me.
42. snowgator (Posts: 3345; Member since: 19 Jan 2011)
I understand any poster and the Finland people being upset. I truly get it. But, Nokia as a company has pivoted away from the handset world. Their mapping, media, and support tech is becoming more profitable. They were bleeding money trying to support/upgrade Symbian, and trying to devlop 2 other OS's, no matter how exciting they were. They were getting more then enough cash from MS to make the move to WP worth it, but a choice had to be made. And the truth is MS can not afford to lose the hardware side of Nokia as it accounts for almost 90% of WP sales, and Nokia brass apparently did not see Andriod as an easy money maker either.
This sale makes sense. So long as MS rewards the engineers/developers of Nokia with nice raises as they can't afford to loose them, keeps the distrubution and supply lines strong, and keeps their promise to remain in the home country Nokia has so supported for so long, this can be a win/win for everyone.
44. microsoftnokiawin (Posts: 1063; Member since: 30 Mar 2012)
ok now the real version of the story although symbian was sucking and lacking it's sale figures were still high and ahead
nokia was working with intel and this new Os called meego that had everyone excited and enjoyed they were profitable for what it counted for at the time and then came the trojan elop
oh we want to move windows phone elop said lets me a gradual move where we slowly shift focus from meego and symbian which are right now selling well to windows phone oh wait that would make too much sense elop said lets axe them both and start brining out windows with last design and not change anything and sell it to the customer base that WP has oh wait that's non (at the time) a quarter later oh look symbian and meego are still selling more but nah WP ftw
and nokia slowly declined till today
now today Ms is dependent on Microsoft Nokia not so much as they can go to other os's prime eg. android this sale would strip Finnish people of their pride and kill the Nokia brand Microsoft wants to move the Nokia team to Redmond and blend both teams together !
lets face it the only winner here is Microsoft not even !
45. volcano (Posts: 268; Member since: 25 Jan 2013)
i hope it gets approved we need more powerful Lumia's and to be honest i don't want to see any Lumia's with android
48. shyguy3763 (Posts: 49; Member since: 27 Oct 2013)
Microsoft PLEASE don't screw up the comeback Nokia has started!