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Nokia promises cheaper Lumia phones to fight Android

Nokia CEO Stephen Elop has vowed to deliver cheap Windows Phone devices, in a bid to “compete with Android aggressively”, the Verge reports. Elop’s stern words come in the wake of bad news for Nokia, with the Finnish company selling off its Vertu luxury smart phone brand and cutting 10,000 jobs. Speaking on a conference call, Elop pledged that Nokia …

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Nokia sells fancy phone brand Vertu, cuts 10,000 jobs

It’s a solemn day at Nokia, as the Finnish phone flogger is selling fancy phone-brand Vertu, and plans on cutting 10,000 jobs. Vertu is being sold off to a private equity group EQT, reportedly for around €200m Euros (about £162m). The Church Cookham-based luxury brand builds phones from extremely expensive materials, and some even offer a concierge service. None of …

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