Helsinki, Finland (PRWEB) November 07, 2013
Nokita, which takes its name from a Finnish word for “bidding higher,” is raising funds to acquire Nokia’s devices and services arm, commonly referred to as Nokia Mobile Phones. Microsoft is also interested in Nokia Mobile Phones and has made an offer of roughly 5,44 BEUR to acquire the business (as reported by the BBC on September 3rd, 2013).
Nokita’s calculations demonstrate that Nokia Mobile Phones would be worth more than 4 times of that sum – 23 BEUR – delivering a sound return for accredited investors that participate in the bid. The most important actions required to meet this target, according to Nokita, is for Nokia Mobile Phones to start selling Linux and Android devices (which appear to be ready within the most secret locations of Nokia Mobile Phones) and capture 10% market share in Android market in 3 years.
Beyond these actions, Nokita believes their initiative would offer individuals, companies and governments safe and secure mobile devices that are beneficial and fun to use. Nokita plans to leverage Finland’s world class IT Security, Mobile Games and Edutainment clusters to accomplish this. These actions could turn around Nokia Mobile Phones and help it become a company worth more than 40 BEUR, providing astonishing returns for investors.
Nokita can build a safe mobile ecosystem that respects and protects privacy, one that is not monitored by governments, intelligence units and criminals. Apart from encryption and other safety features on mobile devices, Nokita wants to open a global dialogue where we would have similar kind of status for mobile phones that we currently have for bank accounts, i.e. authorities and private companies would have the right and requirement to investigate only when there is compelling evidence that such an action is required. Ordinary citizens’ information should however be as confidential as their bank accounts.
Nokita is in discussions with a great number of parties that have investable assets in billions, as the target is to “NOKITA,” i.e. bid higher than Microsoft. Nokita is also open to have discussion with new accredited investors. Nokita’s aim is to gather resources for a better offer for the Nokia’s shareholders, to be presented at the extraordinary general meeting on 19th November, 2013. However, the final deal for the buy-out is not likely to be signed before early next year with any party.
The team behind Nokita has summarized their key message in a short film and Information Memorandum at http://www.nokitaphones.com. Apart from valuation, cash flow analysis and other financials, Nokita has revealed on the website highlights of the turnaround strategy and confirmed that they have a dream team available to complete this strategy. Nokita has mobilized the key power players for “The Nokita Revolution.” Behind these key players stand a variety of organizations and other parties that have staff in tens of thousands.
“Finland can do for online privacy what Switzerland has done for banking: being a secure, private and trustworthy partner,” commented J. Parda, the leader behind Nokita initiative, adding: “Right to privacy is one of the cornerstones of the Nordic way of life and is inherent in Finland’s DNA.”
To contact Nokita team, please send email to info(at)nokitaphones(dot)com and/or call +358404164637.
Please refer to the full legal disclaimer that this media release is subject to on http://www.nokita.fi.