Nokia Corp. (NYSE: NOK) is about to get a boost from AT&T Inc. (NYSE: T). Reports indicate the huge wireless service network will launch the new Lumia 920 and 820 smartphones. Each runs on the Microsoft Corp. (NASDAQ: MSFT) Windows mobile OS. Dow Jones Newswire reports:
The launch of the new Nokia devices on the U.S. market is crucial for the embattled Finnish handset maker, as it hopes to regain footing in the market after losing considerable ground to competitors.
The Lumia 820 and 920 devices were unveiled in September, and will compete against a range of new smartphones from the likes of Apple Inc, Samsung Electronics Co. and HTC. Corp.
Douglas A. McIntyre
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.