Nokia Oyj is rapidly eroding its cash reserves, with some analysts suggesting the Finnish phone maker may be at risk of defaulting on bond repayments if it is unable to steady its financial affairs, a recent poll of bankers and brokerages revealed.
24/05/2012
Nokia's Financial Woes Continue
Nokia's Financial Woes Continue:
Nokia Oyj is rapidly eroding its cash reserves, with some analysts suggesting the Finnish phone maker may be at risk of defaulting on bond repayments if it is unable to steady its financial affairs, a recent poll of bankers and brokerages revealed.
Nokia Oyj is rapidly eroding its cash reserves, with some analysts suggesting the Finnish phone maker may be at risk of defaulting on bond repayments if it is unable to steady its financial affairs, a recent poll of bankers and brokerages revealed.
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