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    • 'Nokia Chennai unit may shutdown if tax issue unresolved'

      "If we are not allowed to transfer, we will have a factory but no business. And if we don't have a business, we can't manufacture anything in the factory. And that would be detrimental to our employees and we care for them," he said.

    • Nokia weighs Alcatel tie-up after Microsoft deal: Sources

      No formal talks are underway with Alcatel-Lucent. Though one of the people close to the matter said Nokia held "on again, off again" discussions about buying Alcatel's wireless business as recently as late 2012 and that the two companies could still come back to the table.

    • Nokia's Elop given 18.8 mn euro to move to Microsoft

      The award - revealed in proxy materials for Nokia's extraordinary general meeting to be held on November 19 to approve the sale of its mobile phone business to Microsoft - is likely to stoke anger over the deal.

    • Telecom space is flooded with big money

      Microsoft is spending over $7 billion to acquire Nokia's handset business, while at $130 billion, Vodafone's exit from Verizon Telecom makes it the world's third-largest deal in the space.

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