nokia selling mapping service here to german car markers for €28bn
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Nokia selling mapping service Here to German car markers for €2.8bn

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Arab Today, arab today Nokia selling mapping service Here to German car markers for €2.8bn

Finnish telecoms groups Nokia
Frankfurt - Arab Today

Finnish telecoms groups Nokia is selling its mapping service Here to German car makers BMW, Audi and Mercedes-Benz for 2.8 billion euros ($3 billion), it said Monday.

The sale "should be concluded in the first quarter of 2016", Nokia said in a statement, claiming that it will bring it a profit of 2.5 billion euros. The three German car makers will hold equal shares in Here, they said in a separate statement.

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nokia selling mapping service here to german car markers for €28bn nokia selling mapping service here to german car markers for €28bn

 



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