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Microsoft to buy Nokia phones unit

Microsoft to buy Nokia phones unit | BUSS4 | Scoop.it
Microsoft agrees to buy Nokia's mobile phone business and gains access to its patents and mapping services for 5.4bn euros ($7.2bn; £4.6bn).
Jasmine Lee's insight:

Microsoft and Nokia

32,000 Nokia employees will transfer to Microsoft.

Going literally from no phones to 7.4 million smart Windows phones

Nokia was once a leader in mobile phones, but the firm's sales fell 24% in the three months to the end of June from a year earlier.

It sold 53.7 million mobile phones during the quarter, down 27% on last year.

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9 Mergers That Epically Failed

9 Mergers That Epically Failed | BUSS4 | Scoop.it
If failed corporate mergers teach us anything about business, it's that bigger is not always better. Yep, with a 70 to 90 percent chance of dying, mergers are more likely to fail than marriages.
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UK mobile firms to merge networks

UK mobile firms to merge networks | BUSS4 | Scoop.it
Customers of Orange and T-Mobile will soon be able to hop between the two mobile networks as the firms merge their networks.
Jasmine Lee's insight:

Orange and T-mobile merged networks

This would allow the businesses to target their 30 million combined customers 

Once registered, their phone will automatically hop between the networks when it loses signal. 

It said it also plans to roll it out to 3G services.

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