Nokia has told the Financial Times their deal to hook up with Microsoft for Windows Phone 7 should be concluded within the month.
The transition to using the OS on the majority of their phones will however take longer but Nokiaâ€™s Jo Harlow said this was the easy part. â€œThe easier task is to start Windows Phone from a fresh perspective, but the more difficult task is to continue to operate Symbian.â€
Nokia said they expected they would lose market share during the transition. Chairman of the Nokia board Jorma Ollila said the board had â€œdiscussed explicitly that there would be an expected lower market share in the meantime with the opportunity then to pick up and build on the new conceptâ€.
Nokia expects the transition to result in new revenue streams. Mr Elop said Nokia would â€œparticipate in advertising revenue in a way that weâ€™ve never before been able to doâ€. He also said Nokia and Microsoft would use their patent pools to protect the ecosystem and â€œencourage others who may be taking advantage of our patents to be properly licensed for the use of those patents â€“ at a feeâ€.
Ollila noted the company was â€œvery much geared to winâ€.
Read more at FT.com here.