twice connect
careers

Nokia, Sanyo Call Off CDMA Handset Merger

6/22/2006 11:59:00 AM Eastern

Espoo, Finland — Nokia and Sanyo called off the planned merger of their CDMA cellular handset businesses, the companies announced.

The merger “will not proceed and discussions have ended,” they said in a statement.

“Following the initial announcement on Feb. 14, based on joint negotiations and extensive analysis, Nokia and Sanyo concluded that it is more beneficial to pursue other options individually for their CDMA handset business,” the statement said. “Nokia and Sanyo will announce their future plans for their respective CDMA businesses in due course.”

In the United States, Sanyo sells handsets through Sprint PCS, and Nokia enjoys a small share of the CDMA handset business.

PHOTOS
ProSource Meeting Filled With Optimism

San Antonio — Optimism reigned at ProSource’s

Ingram Draws 500 To Spring Vendor Expo

Scottsdale, Ariz. — Ingram Micro Consumer

CEA Holds ’14 Digital Patriots Dinner

Washington — CEA held its annual Digital Patriots’

8 Technology Accessories For a Greener Earth

An Earth Day review of Earth-friendly products, by

BrandSource Shows Diverse Product Selection

BrandSource’s Summit show at the Marriott World

Scenes From Toy Fair

By Lisa Johnston

ADL Honors Morales, Bilas, Paull, Weedfald At Annual Dinner

New York — The Anti-Defamation League’s National