Nokia Corporation (NYSE:NOK) shares are trading lower premarket Friday after the company denied reports of selling its mobile-networks business.
Earlier, citing people familiar with the matter, Bloomberg reported that Nokia’s mobile networks assets are drawing preliminary interest from suitors, including Samsung Electronics Co., Ltd. (OTC:SSNLF).
The company disclosed that it has no announcements related to the speculations and that no insider project on the matter exists.
Nokia stated that it is dedicated to the success of its Mobile Networks business, viewing it as a crucial asset for both the company and its customers.
Nokia further added that this year, the business had made notable strides ...
