Even without many reactions by Nokia, the company is believed to sell its Vertu brand. Vertu is a very famous brand for luxurious brand aiming for the rich only so you won’t be able to see many Vertu phone in the market. However now seem like this brand will be sold by Nokia.
We must admit that Nokia has been so hard during the last decade that mobile phone business kept declining till now. According to some reliable source, Nokia wants to sale Vertu brand in order to find more financial support for mobile phone business.
The price of Vertu is still uncertain since Nokia didn’t share financial report of the company to public but estimated yearly revenue should be about €300 million. With this estimation, it should attract more investors to pump their money for this brand.
However till now there is no official world from Nokia about selling development story but more will be released soon once potential investor shows up.
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