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Microsoft paying Nokia $1 billion to use WP7? Cheap at twice the price

Bloomberg reported yesterday that Microsoft will end up paying Nokia more than $1 billion to promote and develop Windows Phone 7 handsets, citing two unnamed sources said to be knowledgable of the terms of the agreement. Nokia’s commitment to the platform is also long-term: the agreement lasts more than five years, according to the sources

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Microsoft paying Nokia $1 billion to use WP7? Cheap at twice the price

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