Moody's downgrades Nokia's credit rating

Release Date 29 Jul, 2011 in BusinessWeek

 
   

Moody's downgrades Nokia's credit rating

BusinessWeek - 29 Jul, 2011
Moody's has downgraded its credit rating on Finnish mobile phone company Nokia by two notches partly because of a loss of competitiveneses of its smartphones. In a statement Wednesday, Moody's says the downgrade to Baa2 from A3 previously reflects a ...

Nokia's Debt Rating Takes A Dip [Credit Ratings Firm Moody Grades Nokia Just A ...

TFTS (blog) - Mariella Moon - 29 Jul, 2011
We all know Nokia's shares in the global phone market have been in the decline for a while. Perhaps biggest proof of this is the company's loss of dominance against Android in China where it once reigned supreme. Well-known credit ratings corporation, ...

Nokia gets a rating downgrade as dominance wanes

BusinessWeek - Jari Tanner - 29 Jul, 2011
Nokia's credit rating was downgraded Wednesday as the world's largest producer of mobile phones sees its competitive position in the smart phone segment deteriorate. Moody's Investors Service said it has downgraded the Finnish ...

Nokia's Debt Rating Cut to Two Steps Above Junk by Moody's

BusinessWeek - Diana ben-Aaron - ‎Jul 27, 2011‎
July 27 (Bloomberg) -- Nokia Oyj, the world's biggest maker of mobile phones, had its debt rating cut to two steps above junk by Moody's Investors Service, which cited “a severe weakening” of the Finnish company's market position. ...

Moody's cuts Nokia's debt rating to a lower level

Mobile bloom News - 29 Jul, 2011
The debt rating of the world's largest mobile phone manufacturer, Nokia, was reduced to just a couple of rungs above junk by Moody's Investors Service, citing a greatly weakened market position of the Finnish manufacturer. ...

 

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