The name Nokia will return to the mobile phone market after selling the rights to the brand to the Finnish also HMD Global and Taiwanese multinational Foxconn.
Nokia, which became the largest handset maker in the world, was ousted with the rise of smartphones from companies such as Apple and Samsung.
In 2014 he sold all of its phone business to Microsoft Corp and now remains focused on the telecommunication network equipment.
However, it maintained its patents phone with a view to a possible agreement to assign the license, but had to wait because of an agreement that prevented him from competing with Microsoft.