Nokia says Microsoft talks on schedule

HELSINKI, April 4 (Reuters) – Talks between Nokia
(NOK1V.HE: Quote, Profile, Research), the world’s largest cellphone maker by volume, and
Microsoft (MSFT.O: Quote, Profile, Research) on a software deal are on schedule and a
large number of Nokia Windows phones should be sold in 2012.

“Negotiations have progressed very well. They will be
concluded well on schedule,” Kai Oistamo, head of corporate
development at Nokia, said on Monday.

The companies signed a non-binding agreement on Feb. 11 for
Nokia to start using Microsoft software as its main platform in
smartphones. [ID:nLDE71A09W]

Nokia chief executive Stephen Elop said in February it would
take at least a couple of months to sign a deal.

The long negotiation process has led analysts to question
whether the partnership can produce quick results. Some analysts
have said talks should be concluded by end-April when Nokia
plans to start talks over job cuts stemming from the agreement.
[ID:nLDE72M13L]
(Reporting by Tarmo Virki; Editing by Dan Lalor)

Nokia says Microsoft talks on schedule