News - Nokia to sell off Vertu luxury phone division

[HEXUS]

Will raise approx £160 million if the deal goes ahead.

Read more.

[Noxvayl]

Spelling error spotted: "expected to acquire Vetru" Mentioned as Vertu everywhere else in the article.

[Peter Parker]

£160m?! Over-priced, just like the phone. I expect rich folks still prefer an iPhone or even Android above Symbian or Windows.

[mtyson]

Spelling error spotted: "expected to acquire Vetru" Mentioned as Vertu everywhere else in the article.

Sorted, thanks!

[Output]

Until now, I hadn't even heard of Vertu.

[OilSheikh]

No wonder Nokia was having losses!

[Tunnah]

I'm ashamed to say I quite like that Ferrarri one

[Funkstar]

I always wondered who made these things. You see them for sale in airports etc.

[kingpotnoodle]

£160m?! Over-priced, just like the phone. I expect rich folks still prefer an iPhone or even Android above Symbian or Windows.

These are for the more-money-than-sense brigade, an iPhone is not anywhere close to elite enough, perhaps a customised iPhone with gold case and jewels all over it, but the primary concern is how bling it looks and how much they can brag it cost.