Nokia denies Microsoft will be buying part of it’s phone business

Nokia CEO Stephen Elop denied that his company’s mobile division will be purchased by Microsoft.

Speaking at the All Things Digital conference on Wednesday, Elop said there were no discussions taking place. “The rumors are baseless,” he said.

“It is as clear as that.” Rumors emerged earlier on Wednesday that Microsoft is considering purchasing Nokia’s phone division for $19 billion.

Industry insider Eldar Murtazin made the claims in a message on Twitter on Tuesday.