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Wireless

Nokia asks Indian court to help release factory

Friday 22 November 2013 | 09:03 CET | News
Nokia wants to resolve its tax dispute with the Indian government ahead of the sale of its mobile operations to Microsoft, Reuters reported citing sources. The company wants the government to release its factory in Chennai and has gone to the Delhi High Court for help. In a statement, Nokia said it wanted the assets to be released by 12 December. The court will hold a hearing on 28 November. Nokia said it did not expect the dispute to affect its EUR 5.4 billion deal with Microsoft, although it was prepared for the possibility that the Chennai plant will not be transferred to Microsoft in time

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Categories: Mobile & Wireless
Companies: Microsoft / Nokia
Countries: India
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