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Huawei says “No plan to buy Nokia”. End of one more Nokia-takeover rumor!!

imagesCAWQM6C1We missed on reporting this, but seems some Huawei executive has mentioned in a “FT interview” that if Nokia is willing they can go for an acquisition of Nokia. This led shares of Nokia surge by 7% :P. Now this report already seemed far-fetched as Huawei is in no position to even think of it when many big companies will love to do that, if Nokia is willing and first will be MS. But, Nokia is already making a strong comeback so this was simply a wishful thinking.

Now, as expected Huawei has denied this as per report from Reuters. End of one more crazy take-over rumor. Huh!!

Chinese network equipment and cellphone maker Huawei Technologies Co said it “has no plans to acquire Nokia”, responding to a Financial Times report that it would consider buying the Finish phone maker.

The denial came from Huawei’s vice president for external affairs, Bill Plummer.

Source

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Nayan
Nayan has more than 10 years of experience of covering Technology and innovations. He is a big Nokia fan and Tech disruptions aficionado. He loves to review new cool gadgets and writing about Android, iOS, Gadgets and general Technology stuff. He has been associated with other well-known Tech sites WinCentral and GadgetOx since long. He currently sports a Lumia 950 XL and Nexus 5X. Other interests include listening to Nu-Metal Hits and Kick-Boxing. Write to him at Email: [email protected]
http://www.nokiapoweruser.com
  • LOL Huawei has very bad sense of humor

  • asdx

    “Huawei says “No plans to buy Nokia”.

    This is fal. It should be:

    “Huawei says “No chance to buy Nokia”.

    🙂

  • Trobiase

    omg
    my heart skipped a beat

  • eeteet

    I would like to sell my stocks to Huawei because Nokia (with WP) seem to be incapable to make profit and rise stock value.

  • Geeks

    This is Wall Street manipulations and many people have never understood how Wall Street works. You long or short a stock or you find a hidden associate to long or short a stock and then you create a silly rumors out of nowhere and push the stock in your direction and then you dump it to get free money.

    Even the most stupid investor should know that Microsoft can’t let Nokia go anywhere unless it’s in their interests.

    • eeteet

      Nokia in independent corporation. Microsoft can not tell what should Nokia do or not to do.

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