From the Nokia press site: Nokia decides not to go forward with Sanyo CDMA partnership and plans broad restructuring of its CDMA business

Looks like Sanyo and Nokia in the end could not agree on some issues (Disclaimer: Just like most of you, I am not privvy to anything regarding this announcement, so don’t ask me for more info.).

I don’t know what this really means for Nokia’s CDMA line, but there’s sure to be more turbulence ahead for that division.

I have a lot of opinions in this space, as I have watched the CDMA guys try to find their groove. But, alas, I don’t think it’s appropriate for me to say anything further at this time other than ‘Best of luck, Nokia CDMA’.

What a tease. 😛

Link: Nokia – ShowPressRelease.

Espoo, Finland – Nokia announced today that it will not be forming the new CDMA device company with SANYO it preliminarily announced on February 14, 2006. Nokia decided not to pursue its earlier plan as it concluded the terms and conditions of the proposed partnership were not satisfactory and in the best interests of Nokia’s long term success. In addition to an already financially prohibitive CDMA ecosystem in general, recent developments may indicate that the CDMA emerging markets business case is looking more challenging.

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