Articles tagged with: Fitch Ratings and Nokia

Nokia Gets Debt Ratings Upgrade Following Handset Division Sale

Nokia has had its debt ratings upgraded by Fitch Ratings to 'BB' from 'BB-', although the upgrade was expected as Fitch had put the company under review for an upward revision. more

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Fitch Maintains Nokia on Rating Watch Positive

Fitch Ratings says that it has maintained Nokia's debt ratings on Rating Watch Positive (RWP), pending the closing of the disposal of Nokia's Devices & Services (D&S) activities to Microsoft. more

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Nokia's Debt Ratings Put on Review for Upgrade following Microsoft Deal

Fitch Ratings has placed Nokia's debt ratings on review for a possible upgrade following the sale of its handset division to Microsoft. more

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Fitch Affirms Nokia's Debt Ratings but Warns of Negative Outlook

Fitch said that Nokia's performance over the past 12 months has been better that its expectations. However, due to the remaining challenges and lack of visibility facing the handset business, a stabilisation of the rating is still some time off.  more

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Fitch Downgrades Nokia's Debt Ratings

Fitch had previously guided that it would take a negative rating action if it was not convinced that Nokia could stabilise the revenue declines and be capable of generating positive single digit operating margins in its Devices and Services division.  more

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Nokia Debt Ratings Downgraded by Fitch to "Non-investment Grade"

Fitch said that the downgrade reflects its view that the deterioration in the company's core Devices and Services division in Q1, together with the company guidance of -3% non-IFRS operating margins or below for the division for Q2 and the general lack of visibility beyond this point, more

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Fitch: Nokia's Profit Warning Highlights Challenge in its Transition Process

Fitch Ratings says that Nokia's profit warning highlights the challenge the company is facing in improving its competitive position as it migrates to the new Windows Phone operating system. more

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Nokia Downgraded by Debt Ratings Agency

Fitch Ratings has downgraded Nokia's Long-term Issuer Default Rating and senior unsecured rating by two levels to 'BBB-' from 'BBB+' respectively. more

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Nokia Debt Ratings Downgraded - Outlook set to Negative

Nokia's debt ratings have been downgraded and given a negative outlook by Fitch Ratings.  more

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Integration, Competition & OS Concerns Weigh on Nokia

Fitch Ratings says that Nokia's operating system (OS) strategy, an increasingly crowded handset market and integration risks at Nokia Siemens Networks, are the key concerns weighing on its long term debt rating, more

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