Vertu

  • Vertu goes Android; launches Vertu Ti at Rs 5.7 lakh February 12, 2013

    New Delhi: Upmarket brand Vertu, which was formerly owned by Nokia, has finally launched its first Android smartphone - Vertu Ti. The luxury smartphone runs Android 4.0 (Ice Cream Sandwich), and has a 3.7-inch WVGA display. It is priced at 7,900 euros (approx. $10,587). The Vertu Ti sports an 8 megapixel...
  • Vertu opens first flagship store in New Delhi November 1, 2012

    New Delhi: Luxury mobile phone maker Vertu today opened its first boutique store in India, here, with plans to expand to other cities like Mumbai, Hyderabad and Bangalore. "There is a huge growth opportunity here. People in India today are well travelled, they appreciate luxury products ...We want to tap...
  • Nokia to cut one in five jobs June 14, 2012

    Paris: Nokia plans to cut one in five jobs at its global cellphone business as it loses market share to rivals Apple and Samsung and burns through cash, raising new fears over its future. In a second profit warning in nine weeks, Nokia said on Thursday that its phone business would...
  • Nokia in talks with EQT to sell Vertu: Sources June 13, 2012

    London: Finnish mobile phone maker Nokia is in talks with private equity group EQT to sell its luxury handset subsidiary Vertu for around 200 million euros ($249 million), sources familiar with the matter said on Wednesday. One of the sources, who declined to be named because talks were still in progress,...
  • Nokia in advanced talks to sell luxury Vertu unit April 30, 2012

    London: Cellphone maker Nokia is in advanced talks to sell its UK subsidiary Vertu to private equity group Permira, the Financial Times reported. Nokia, which last week had its credit rating cut to "junk" status by ratings agency Standard & Poor's, will raise about 200 million euros ($265.19 million) from a...