Nokia (NOK) has refuted claims that its mobile network assets are attracting preliminary interest from potential buyers, including Samsung Electronics. In a statement, the Finnish telecom giant reaffirmed its dedication to the success of its Mobile Networks division.Earlier today, Bloomberg reported that Nokia’s mobile network assets are garnering attention amidst intensifying pressure to discover new avenues of growth in the challenging telecommunications equipment sector.According to the Bloomberg report, Nokia has been engaged in discussions with advisers regarding various strategic options for its mobile networks division, which has faced prolonged difficulties competing against larger competitors such as Huawei Technologies, as sources familiar with the situation have indicated.The report highlighted that Nokia has evaluated several potential scenarios, ranging from selling parts or the entirety of the division, to spinning it off or merging with another company. These deliberations are still in their nascent stages, and there is no assurance that Nokia will proceed with any particular transaction. The division as a whole could be valued at approximately $10 billion.The material has been provided by InstaForex Company – www.instaforex.com
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