HELSINKI, Finland - Rumors that struggling Finnish mobile phone maker Nokia may be up for sale have intensified this week, with analysts seeing 3 potential buyers who could be even more interested if the company undergoes a restructuring. Independent telecoms analyst Ari Hakkarainen said he was "astonished" that Nokia had not already been snapped up.
Once the star performer on the Helsinki stock exchange, Nokia's market value has plunged 30% in the past two years, dropping below 11 billion euros ($14.5 billion) at the end of last week. Speculation that the company could be for sale have given the share a small boost, sending its price rising 3.63 percent on Thursday, June 20 and 1.81% on Tuesday, June 18.
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