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Technology Stocks : NOKIA Bankruptcy Watch
NOK 7.135-2.6%3:59 PM EDT

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From: pcstel6/25/2012 11:58:40 PM
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Carriers Fear Nokia Could Go Bankrupt Next Year

Investment research firm, OTR Global, reveals that top carriers around the globe are losing faith in Nokia's power on the market. They no longer believe Nokia will remain a viable competitor in the global mobile marketplace.

The OTR study quotes four officials from the world's top carriers, yet did not disclose their identities. The report states, however, that all four carriers account for 54 million handset sales in the global mobile sector.

The executives also stated that they are not impressed with the latest Nokia smartphone, the Lumia 900. According to the report, the Finnish handset maker cannot put up a good fight against rivals like HTC.

Read more: itproportal.com
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