Microsoft purchase of Nokia phone division delayed by regulators until April

Nokia logoWhen Microsoft's decision to purchase Nokia's handset division was first announced, the two companies expected it to be finalized by the end of the first quarter of 2014.

That estimate has now slipped. While regulators in the US and EU have given the deal the go-ahead, Nokia is still awaiting approval from antitrust authorities in Asia. That approval, and the corresponding deal completion, is now expected to occur by the end of April.

The Chinese regulator is believed to be holding up the deal. Reuters reported earlier this month that Google and Samsung were both asking the regulator to put conditions on the deal to ensure that the sale does not lead to higher license fees for the patents that Nokia owns (and will continue to own even after the sale is complete).

Nokia is also engaged in a dispute with the Indian government over tax payments; however, that hurdle is not believed to be delaying the sale.

Source: Ars Technica

Tags: Microsoft, Nokia

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