Vertu

Nokia close to selling Vertu division

Nokia close to selling Vertu division

There was a glimmer of hope for Nokia recently with the launch of the Lumia 900 in the US, but the recent Q1 financial results paired with new information reminds us that it's very much a struggling company. Nokia is reportedly in talks to sell its UK luxury phone division, Vertu, to private equity firm Permira. It comes after Standards & Poor downgraded Nokia’s credit rating to “junk” status last week.

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Nokia looks to sell luxury Vertu mobile phone brand

Nokia looks to sell luxury Vertu mobile phone brand

Nokia has been operating Vertu since 1998, which is a long time. I always thought that the company couldn't have too many people lining up to purchase mobile phones that lack any smart features selling for upwards of $314,000. My assumption of Vertu not selling well was wrong; it has been outperforming Nokia's other segments.

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Nokia is working on new Vertu smartphone

Nokia is working on new Vertu smartphone

Nokia has been busy the last few months since it landed a new CEO. The company has shunned Android, one of the most popular mobile operating systems and instead went with Windows Phone, one of the least popular operating systems around. The company is also hurting badly and has axed a large number of workers, and moved Symbian off to another firm.

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Vertu Constellation Ayxta $7k+ cellphone gets unboxed

Vertu Constellation Ayxta $7k+ cellphone gets unboxed

What does over $7k's worth of cellphone get you?  If you're looking at the Vertu Constellation Ayxta then the answer is plenty of stainless steel, leather, a 2.4-inch HVGA display and the sort of functionality you'd be able to find on a basic Nokia.  That's because the Constellation Ayxta falls under Nokia's "luxury" wing, and now we know of at least one person who has bought one, Drew over at Gear Diary.

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LG planning iPhone rival in Q4; new PRADA and Vertu-rival after

LG planning iPhone rival in Q4; new PRADA and Vertu-rival after

LG have revealed their plans to launch a number of new luxury phones, including a new PRADA design, which they hope will help usurp Samsung from their number two cellphone maker in the world position.  According to LG’s mobile business president, Ahn Seung-kwon, the current number three is aiming to step up by 2012, and one of their first steps in doing so will be releasing a new "Black Label" series phone in Q4 2009 to take on Apple's iPhone 3GS.

Vertu Ascent Ti

Vertu Ascent Ti

So, for those of you that don’t know, Vertu does a really good job of applying “themes” to their handsets whenever they release them, the theme for the Ascent Ti is from high performance sports cars. I have never seen a sports car made out of Titanium, but this phone is.

That is nice; since this $6300 handset is something you will probably want to las you for a while. I don’t think there is anywhere that this phone won’t work either, it has 3G UMTS, Quad-band GSM, and CDMA, so if there is any type of cellular coverage, you should be able to make a call.

Ferrari-theme for Vertu’s latest cellphone

Ferrari-theme for Vertu’s latest cellphone

Currently it seems like you're nobody in the celebrity world if you're not driving - and crashing - Bugatti Veyron's or Ferrari Enzo's, but if you fancy a prancing horse (not literally, of course) and can't quite afford the sticker price of a four-wheeled variant then how about Vertu's latest limited-edition super-phone?

 

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