According to a report filed by Reuters, Finnish phone giant Nokia has ended the development of its first MeeGo smartphone; the article cites “two sources close to the company” as the origin of this information. Nokia’s first MeeGo handset has long been rumored to be the full-QWERTY N9 (pictured above). Industry analysts tapped by Reuters feel that the phone maker could still showoff another, unknown, unfinished MeeGo device at next week’s Mobile World Congress, but such an assertion is pure speculation.

Nokia has an event planned for this Friday, and rumors have been flying about the company potentially adopting the Windows Phone 7 operating system; Nokia’s new CEO, Stephen Elop, is a former Microsoft executive.

We’ll know more on Friday, but until then… hang on. It’s going to be a bumpy ride for Nokia.