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Nokia hints about Mobile phones re-entry assessment. Happy to keep full ownership of Nokia brand

New NokiaDuring its earning call, post the strong Q3 earnings release, Nokia’s top management team talked a bit about Nokia Brand and plans to maximize its value in future. Here are some tidbits from the earnings call,

Nokia is really happy to negotiate with Microsoft in such a way that Nokia is in full ownership of the “Nokia” brand, post the Nokia-Microsoft deal.

And Nokia brand, we of course continue to view that as a very important asset. We’re actually quite pleased that we were able to negotiate the contracted margin in a way that we were able to fully keep Nokia brand in Nokia ownerships. We have still some limitations on use of the brand but we feel that that’s an important asset for Nokia and yes we have spent a little bit of additional OpEx in Networks on the rebranding from NSN to Nokia Networks, but we are not having any — call it a previous drag in our numbers from earlier brand investment if that was the question.

Nokia has recognized that Nokia brand is most valuable in area of “Mobile Phones and devices”, but due to agreement with Microsoft can’t go their yet, at the moment.

And finally on brand, we have not really spoken about anything else that we have looked at different business models, what other people have been using on brand and we will of course carefully assess what would be the best way for us to maximize the value of the Nokia brand, also taking into account that we’re in the lock-up period still in the Microsoft transaction regarding our possibility to use the brand and we have recognized that Nokia brand is the most valuable from recognition perspective in the area of mobile phones and mobile devices. And there we cannot go yet at the moment.

This is very interesting as till now, there was no hint whatsoever that Nokia may really consider “Mobile Phones” as the area of interest to en-cash Nokia brand value in future. Given its latest focus on Android with Z Launcher and HERE Beta for Android, it isn’t that hard to guess, what direction this interest may ultimately take.

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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
  • Juan Martin de la Llosa

    Meego…the beat SO that I use..

  • jipmk

    meh im not interested in Nokia android in any way i’ll stick my beloved windows phone with Microsoft Lumia Hardware

    • MerTutiro

      WP is crap, I looking for a real Nokia Android device in 2016!!

      • lasz hippie

        How is WP Crap? Elaborate please ..

  • Viipottaja

    Well, perhaps, but they also said “devices”. That could be almost anything that can be hauled around. 😛 Second, they could (and perhaps probably would) simply license out to some OEM the right to use the Nokia brand, as they did in the past e.g. with TVs.

    • Kamal

      All possibilities are open and they may chose the best that suits Nokia’s prospects. I didn’t mention but intel is there is an aggressive Nokia section pushing for smartphone foray. Stay tuned…

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