Nokia Oyj is exploring strategic options as fierce competition puts pressure on the Finnish network equipment maker’s earnings, Bloomberg reported Thursday, citing people familiar with the matter. From the report: The company is working with advisers to consider alternatives ranging from potential asset sales to mergers, the people said, asking not to be identified because the information is private. Other options include shifting investments and making balance-sheet adjustments, one of them said. Deliberations are ongoing, and there’s no certainty they will lead to any transactions, the people said. Nokia shares have lost roughly a third of their value over the past year before news of its deliberations.

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Source: Slashdot – Nokia To Weigh Strategic Options as Profit Pressure Mounts