Nokia has lost its appeal against a $370 million tax demand served on it by the Indian authorities in March, reports Reuters. In a statement, the handsets giant said that it would "examine all options open to it," which might not take long.
Still in India, Reuters reports that Nokia Siemens Networks is closing one of its factories there, leading to the loss of around 50 jobs. The plant, in Calcutta, makes fixed-line equipment and was described as "unprofitable" by an NSN spokesperson.
The news that European Union officials are going to investigate Apple Inc.'s relationship with mobile operators, and particularly the way in which Apple seeks to control how its iPhone is sold, has been rapturously received by U.K. operators, according to a report in the Daily Telegraph. "Nobody would ever say this in public, but privately, this investigation is an absolute delight," said an excited but coy source.