Microsoft Corp. plans to introduce a new line of mobile phones Monday with social-networking capabilities aimed at young consumers, part of the technology giant's effort to turn around its struggling mobile-phone strategy, people familiar with the matter said.
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European Pressphoto Agency
Microsoft CEO Steve Ballmer speaks on Windows Phone 7 at the Mobile World Congress in February.
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The new devices, based on a Microsoft development project code-named "Pink," will be available later this month in the U.S. through a partnership with Verizon Wireless, the carrier owned by Verizon Communications Inc. and Vodafone Group PLC.,
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