(Bloomberg) — Nokia Oyj is exploring strategic options as fierce competition puts pressure on the Finnish network equipment maker’s earnings, people familiar with the matter said.The company is working with advisers to consider potential asset sales and mergers, the people said, asking not to be identified because the information is private.Nokia shares have lost roughly a third of their value over the past year before news of its deliberations. The company’s American depositary receipts rose as much as 13% Wednesday. The ADRs were up 5.2% to $4.12 at 1:37 p.m. in New York trading, giving the company a market value …read more
Source:: Yahoo Finance
