Nokia and Microsoft team up to fight Android threat
Business digest: Smartphone market is now a three-horse race, says CEO Stephen Elop
Nokia, the world's largest mobile phone maker, has announced plans to form a "broad strategic partnership" with Microsoft, within days of Nokia chief executive Stephen Elop warning that the company was in crisis.
Under the deal, Nokia will use the Windows phone operating system (OS) for its smartphones and Bing to power Nokia's search services.
Nokia's Symbian mobile phone OS recently lost its first place in market share to Google's Android OS. Apple smartphones, which use the iPhone OS, are fast catching up too.
Elop, who was brought in to help Nokia regain its primacy, said: "It's now a three-horse race."
Steven Ballmer, Microsoft CEO, said: "The partnership announced today provides incredible scale, vast expertise in hardware and software innovation and a proven ability to execute."
Read a full report at the Daily Telegraph.