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December 8, 2011 06:04 pm GMT

Nokia Is Looking To Sell Its Luxury Phone Subsidiary Vertu

vertuAs Nokia struggles to establish itself as a worthy competitor to Apple and the Android bulldozer in the smartphone segment, the company is looking to sell off its wholly-owned luxury phone brand Vertu, reports the Financial Times.Vertu, which sells some of the world's most expensive ugly phones, was originally started by Nokia back in 1998.

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