Mar 23, 2012 (SmarTrend(R) News Watch via COMTEX) --
3/23/12-Nokia (NYSE:NOK), which is already known to be shelling out a large amount of capital to pump its high-end Lumia 900 phone, will be upping the ante by paying AT&T (NYSE:T) $25 million to have Ma Bell provide its sales reps with the handset.
The employees will be free to continue to use other phones, but only the Lumia 900 would be provided for free.
AT&T has aggressively priced the handset with the plan of cutting its iPhone (NASDAQ:AAPL) /Android (NASDAQ:GOOG) dependence.
Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.
SmarTrend currently has Nokia in an Uptrend. Since 2008, SmarTrend subscribers trading Nokia using our alerts outperformed the stock by 872%. We are monitoring these developments and will alert subscribers to any change in trend.
Write to Chip Brian at cbrian@mysmartrend.com
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