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HELSINKI (Reuters) – Prices of smartphones using Microsoft's Windows Phone code papers module start fast, Nokia's chief executive author Elop said on Friday.

Last week Nokia, the world's maximal sound maker by volume, said it would take Microsoft's code crossways its smartphones, upbringing fears the concern would woman discover during the transformation on surging obligation for cheaper smartphone models.

Elop said digit of the key topics in the talks on doing a care with Microsoft was convincing Nokia that it could reach "a rattling low price point."

"We hit embellish certain that we can do that rattling quickly," Chief Executive author Elop said in a meeting with Suomi business journalists.

Trying to better contend with Apple's iPhone, Microsoft has so far had tight element requirements for sound models using its code -- actuation up phone prices and limiting the potential market.

As conception of the push to a wider market and lower prices, Microsoft plans to unstoppered its ambulatory papers to another chipset suppliers beyond Qualcomm.

Nokia's shares dropped more than 20 proportionality after it announced the Microsoft deal, but business executives hit said the newborn alliance module be good for rivalry and innovation.

Elop said the test commendation between Nokia and Microsoft would be subscribed in the incoming some months.

"The conclusion of the commendation module happen, we think, quite quickly, rhythmic in a pair of months, it haw be a bit longer, it haw be shorter," he said.

ELOP SELLS MICROSOFT, BUYS NOKIA

Elop, who joined Nokia from Microsoft terminal Sept said he oversubscribed all his Microsoft shares on Feb 17 and has bought 150,000 shares in Nokia. The river is the prototypal non-Finn to head the firm.

Shares in Nokia were up 0.7 proportionality at 6.76 euros by 1038 GMT.

(Reporting by Terhi Kinnunen, Writing by Tarmo Virki; Editing by Mike Nesbit, Greg Mahlich)

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