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News
Issue #2002 - 03 (January 2002)
(Updated Jan. 23, 2002)

MOBILE LIFSTYLE

Vertu Combines Craftmanship, Design and Technology into Luxury Phones

Once only thought of as a communications device, now a wireless handset is looked upon as an expression of the user’s personality and social status.

Exploiting the current trend is the No. 1 handset maker Nokia through its subsidiary, known as Vertu, Ltd. Based in London, Vertu is bringing together artists and craftspeople to design exclusive, luxury mobile phones, adorned with precious stones and metals, for the rich and famous.

The only luxury phone that Nokia has manufactured to date is the Nokia 8850, a tiny gold device, for the Asian Pacific market.

Branded under the Vertu name, these phones may be gold-plated or smothered with diamonds but will be powered by today’s technology.

People are willing to pay premium prices for exclusive watches and jewelry, but will they invest in ‘couturier’ mobile phones that are so susceptible to the rapid shifts in technology and that are seen on the runways of Milan today but in the Museum of Modern Art tomorrow?

For more information: http://www.vertu.com

Mobileinfo Comments & Advisory:  Vertu and Nokia are not going to make money with these gold-plated phones but they will make a fashion statement. 

Note: This news release may contain forward-looking statements. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures.  All trademarks used in this summary are the property of their respective owners.


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