Nokia in India: Nokia Diving Deeper Into This Mega-Market…Should You Buy?

Page 2 of 2

“For instance, during early 2013 Nokia became subject to a tax investigation in India, apparently focusing on Indian tax consequences of payments made within Nokia for the supply of operating software from its parent company in Finland. Such proceedings can be lengthy, involve actions that can hinder local operations and the outcome of such proceedings is difficult to predict. Negative developments or outcome in such proceedings could have adverse effects to our cash flows, income statements and to our financial position.”

As Nokia Corporation (ADR) (NYSE:NOK) searches for a new head of operations, many will continue to wonder if the company will ever be able to regain its stronghold in India.

What are your thoughts on where Nokia Corporation (ADR) (NYSE:NOK) stands in India at the present time? Share your opinion in the comment section below.

Check back here for more updates on Nokia in India.

DISCLOSURE: I have no positions in any stock mentioned.

For more news articles, visit these pages:

Nokia’s New Phones…And One Very Exciting Tablet

Nokia Rumors: Possible Tie with the French Alcatel-Lucent

Four Dates to Circle in October

Page 2 of 2