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Nokia considers options after losing Supreme Court appeal

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Reuters HELSINKI
Last Updated : Mar 14 2014 | 9:43 PM IST

HELSINKI (Reuters) - Finland's Nokia said it is considering its options after the Supreme Court on Friday rejected its appeal against a demand for a multimillion-dollar payment before it transfers a mobile phone plant and other assets in the country to Microsoft Corp.

The Supreme Court upheld a lower court verdict that ordered Nokia to pay a 35 billion rupee guarantee after local authorities blocked the factory's transfer in a dispute over tax.

(Reporting By Jussi Rosendahl; Editing by David Goodman)

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First Published: Mar 14 2014 | 9:20 PM IST

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