DHAKA: Rajeev Suri, an Indian has been selected to be the next Chief Executive Officer (CEO) of the world’s largest mobile-phone company Nokia, which is ready to become tagged as “Microsoft Mobile’ at any moment.

The Hindustan Times reports on Friday that Nokia will on Tuesday name Rajeev Suri as its next CEO and outline its new strategy with a focus on its networks equipment business, a newspaper said on the same day.

Citing unnamed sources, daily Helsingin Sanomat said Nokia would also on Tuesday, along with its first-quarter results, announce how much cash it would pay out to shareholders.

Investors have been looking forward to hearing about Nokia`s next steps since it announced the 5.4 billion euro ($7.5 billion) Microsoft deal in September.
Nokia said earlier this week it expected the deal to close on Friday after the companies had agreed to modify certain deal conditions.

BDST: 1540 HRS, APR 25, 2014