Nokia Feeling The Crunch

Nokia is not immune to the financial crunch the world is facing and to “ increase cost-efficiency and adapt operations to market situation” Nokia is planning some drastic measures We all know that Cost –Efficiency leads  to downsizing which is what Nokia is doing at it’s plants by  closing  its mobile devices R&D site in [...]

Is Nokia in Financial Crunch

Nokia is in process to sell 1.75 billion Euro worth of bonds , 1.25 billion Euros having 5 year maturity spread on 250 ( 2.5 % ) basis points  and rest 500 million Euro having 10 year maturity spread on 315 ( 3.15 % )  basis points ( a basis point is one hundredth of [...]