Articles tagged with: Navteq and Siemens

Moody's changes outlook for Nokia' A1 rating to negative

Moody's has changed its outlook on Nokia's ratings to negative, from stable - although it affirmed the A1 ratings for Nokia's senior debt and the Prime-1 for short-term debt. The outlook change was triggered by Nokia's results for the first quarter 2009, which confirmed a double-digit rate of decline for the mobile phone market in units and a one third year over year revenue reduction for Nokia in this segment and it disclosed increasing earnings pressure in the Nokia Siemens Networks business.  more

Related Tags: itu, eu, sim, nokia, , tim, iden