Microsoft Corp. is spending 5.44 billion euros ($7.2 billion) to buy Nokia Oyj’s handset unit so it can gain ground on Apple Inc. and Google Inc. in a smartphone market it let get away -- gaining a possible new chief executive officer in the process.
Bloomberg's Emily Chang reports on the 2012 Mobile World Congress event in Barcelona, Spain including mobile innovations and products from Facebook and Ford Motor Company. She spoke yesterday on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
<p>At the annual <a href="http://topics.bloomberg.com/mobile-world-congress/" data="" type="" tooltip="" title="" target="_blank">Mobile World Congress</a> in Barcelona this week, carriers are still trying to show they’re as much into software development as managing telephone networks. Yet as the networks themselves come under assault from cable providers and as cash for side projects gets harder to come by during the debt crisis, the real battle is to keep customers using their infrastructure in the first place. </p><p>Left, a visitor uses her smartphone to photograph a range of different smartphones displayed on a wall at the Mobile World Congress</p> Source: Photograph by Simon Dawson/Bloomberg
Alcatel-Lucent SA’s decade-old ties with carriers such as AT&T Inc. and Verizon Communications Inc. should help the unprofitable French network-equipment vendor fend off European rivals’ attacks looking to steal U.S. market share, according to its global sales chief.