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A desperate Nokia offers carriers a cut of revenue to sell Lumia phones

Updated Dec 19th, 2018 8:30PM EST
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Nokia (NOKlost $1 billion last quarter, marking the third consecutive quarter that Nokia lost at least $1 billion — the company lost $1.7 billion in the first quarter of 2012 and it dropped $1.2 billion in the fourth quarter last year. The news wasn’t all bad, as it turns out, but one thing is certain: Nokia’s efforts with Microsoft’s (MSFT) Windows Phone platform are slow-going despite a big marketing push and a number of sleek smartphones, including the Nokia Lumia 900. According to a report on Monday from the Financial Times, however, Nokia may be exploring a number of new avenues in an effort to get more carrier support for its smartphones. Possibilities reportedly include carrier exclusives and revenue sharing, though it is unclear if carriers are showing interest in Nokia’s new pitch. Nokia shipped 4 million Lumia smartphones globally during the second quarter this year.

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Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.

His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.