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Thread: Struggling Nokia to sell head office for $220 mn :-|

  1. #1
    SB Guru Major prem143's Avatar
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    Default Struggling Nokia to sell head office for $220 mn :-|

    Struggling Nokia to sell head office for $220 mn:




    Helsinki: Nokia Corp plans to sell its head office near the Finnish capital to real estate investors for €170 million ($220 million) as the struggling cellphone maker continues to cut costs.


    CFO Timo Ihamuotila says the deal, to be concluded later this month, is in line with aims to shed non-core activities, adding that Nokia will continue to operate from the Espoo headquarters “on a long-term basis.”





    The Finnish company has operated in the glass and steel structure, known as Nokia House, since 1997.
    An exterior view of the Nokia headquarters is seen in Espoo. Reuters





    Tuesday’s announcement comes amid fierce competition in the smartphone market in which the former No.1 phone maker has been edged out by Samsung Electronics and Apple Inc.’s iPhone. Nokia has announced 10,000 job cuts and is streamlining operations to save €1.6 billion by the end of 2013.




    :-|

  2. #2
    SB MahaGuru Lieutenant-Colonel imperium's Avatar
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    Nokia ka era would go this way.!!
    BTW nice Share
    A man may show as reckless a courage in entering into the abyss of himself.

  3. #3
    Hum Banarasi.......... Colonel Ankhi_sena_mun's Avatar
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    Sad.............. they should focus on building something new....... productwise
    mods decision: any insult to female members will be ignored as the person doing this is somebody known to the mods
    I PROTEST

  4. #4
    ..Yaar Patialavi.. Lieutenant-Colonel a_decent_1's Avatar
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    I think it is about time they adopt ANDROID.. !!
    The Major reason for their downfall has been their Operating System.

    Symbian is unwanted and Windows Mobile has never been a favourite among masses for log.. !!
    Miss you Dadaji

  5. #5
    Banned Major General
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    Main bas $220 dekha

  6. #6
    ♥ fєmmє fαtαlє ♥ Major Sweet Mimi's Avatar
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    nice share!!!!
    I'm a shhh girl
    Loving me could be a crime

  7. #7
    Young Gun Sayeed7's Avatar
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    Hey Nokia what r u doing ? pls dont do this lol

  8. #8
    ♡♥☋Ǩ ★☆★ ☾ћiҜ♥♡ Field Marshal sens's Avatar
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    ohhh dear!!!!!!!!!!!thats why people dont connect anymore ....
    Live amongst people in such a manner that if you die they weep over you and if you are alive they crave for your company.

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    teekhi jammu chilli Major General arumita's Avatar
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    oh very sad .................














  10. #10
    SB Guru Major prem143's Avatar
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    now the company has taken a new turn....anyways ...thanks for visiting and replying... :-)

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