Nokia may have to exclude its Indian phone factory from the sale of its mobile devices arm to Microsoft because of a tax dispute
Once the purchase is complete, Nokia will own the "Nokia" brand that has long been synonymous with mobile phones. However Microsoft has licensed the name for use on its low-end range of Asha handsets, designed specifically for developing nations, for just ten years.
When asked if this could lead to the situation in ten years' time that there would be no more new Nokia phones, CEO Stephen Elop admitted that it was possible, but that "lots of things could happen in ten years".
As part of the deal, Elop will leave Nokia for Microsoft to oversee development of phones, tablets, Xbox and "some devices that haven't even been announced yet".