Jolla today announced that Indian company Intex Technologies will be it's first licensing customer. Earlier in July the Finnish smartphone start-up Jolla announced that it will focus on developing and licensing it's Mobile Operating System, SailFish. In the past the company also developed handsets for it's own OS.
Finnvera, a credit agency owned by the State of Finland, has agreed to guarantee a loan of some 150 Million Euros for the Russian teleoperator Megafon. The lender is the Italian bank UniCredit. The agency agreed to guarantee loans for purchase of telecomms equipment from the Finnish company Nokia. It has done so before in 2008, 2011 and 2014.
Microsoft may lay off half of it's staff in Espoo, sources revealed to Länsiväylä newspaper. Microsoft has not yet confirmed the number of people affected by the shake-up announced last week, following write downs of Mobile Phones business purchased from Nokia. The information comes from anonymous sources close to Länsiväylä.