Where Will Nokia Go Next?
T = Trends for a Stock’s Movement
Nokia operates as a mobile communications company worldwide. It designs and develops mobile products and services; provides digital map information and related location-based content and services for mobile navigation devices, automotive navigation systems and Internet-based mapping applications; and provides mobile- and fixed-network infrastructure, communications, and networks service platforms, as well as professional services and business solutions to operators and service providers. Nokia operates in three segments: Devices & Services, HERE, and Nokia Siemens Networks.
Reuters reports Nokia has offered to pay the Indian government 270 million euros ($369 million) to unfreeze assets (including a Chennai plant) caught up in a tax dispute.Nokia threatened to pull out of India earlier this year due to frustration over its tax squabble. The government made a settlement offer in July.