Nokia finishes offloading Vertu, rumors claim Vertu plans a matching switch to Android

Vertu Constellation Quest in gold

Nokia has ended one of the more significant chapters in its tumultuous history: the Finnish phone giant has finished divesting Vertu to private equity firm EQT VI, shedding direct control of the definitive luxury phone brand. The formal switch lets Nokia keep a 10 percent stake and move 1,000 staffers to the newly independent company. Where Vertu goes next may be more intriguing, however. There's no official word on any change of direction, but that hasn't stopped tipsters from claiming to TechCrunch that there's a big shakeup ahead. Supposedly, former Nokia VP Anssi Vanjoki will finally get the phone maker CEO position he's been looking for through a Vertu spot, and he won't simply follow in his former employer's footsteps -- upcoming Vertu phones may use Android, not Windows Phone. While it's a very unconfirmed rumor, a switch-up wouldn't be completely surprising when Vertu is still an all-Symbian house that needs more than just a few extra jewels to stay relevant.

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Nokia finishes offloading Vertu, rumors claim Vertu plans a matching switch to Android originally appeared on Engadget on Fri, 12 Oct 2012 15:09:00 EDT. Please see our terms for use of feeds.

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DOJ, FCC clear Verizon buyout of cable companies’ spectrum, require giving up some airwaves

Verizon logoVerizon has been fighting hard to get its acquisition of cable companies' wireless frequencies past legal hurdles, and it just surged over the most important of the bunch: both the Department of Justice and the FCC have signed off on the agreement. To get the $3.9 billion deal through the door, Big Red will have to offload some of its spectrum to other companies. The DOJ, meanwhile, is more concerned that Verizon is getting a little too cozy with Bright House, Comcast, Cox and Time Warner Cable in terms of marketing and reselling bundles that include cellular and cable access. Closing the deal also requires setting up a new joint venture in technology research. We're still working to learn the full details of the deal, but the spectrum handover will likely give a swift kick to Verizon's 4G capacity -- and anger a few rivals who wouldn't have wanted any handover to go through.

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DOJ, FCC clear Verizon buyout of cable companies' spectrum, require giving up some airwaves originally appeared on Engadget on Thu, 16 Aug 2012 11:15:00 EDT. Please see our terms for use of feeds.

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