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Nokia Says It May Re-Enter Mobile Phone Market Through Licensing

This story originally appeared on Reuters

Finnish telecoms network maker confirmed late on Monday that it may start designing and licensing mobile phone handsets under its in 2016.

Reuters | Roni Rekomaa | Lehtikuva

Nokia said it was looking for a partner who would take on the manufacturing, , and for the products.

The company said a Nokia mobile phone would not reach the market before the fourth quarter of 2016 when Nokia's agreement with partner allows it to use the brand name again.

Nokia sold its phone to Microsoft in 2014 after years of declining sales.

(Reporting by Anna Ercanbrack; Editing by Daniel Dickson)

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