Nokia Said to Near Sale of Jewelled-Handset Maker Vertu to EQT

Nokia Said to Near Sale of Jewelled-Handset Maker Vertu to EQT

Matthew Lloyd/Bloomberg

Vertu, started by Nokia’s then-chief designer Frank Nuovo in 1998, is the dominant player in the luxury-phone sector, with about 60 percent of the Western European market in 2010, according to IDC.