LONDON (Standard&Poor's) Dec. 6, 2005--Standard&Poor's Ratings Services said today it revised its outlook on Finland-based mobile telecommunications equipment manufacturer Nokia Corp. to stable from negative. At the same time, Standard&Poor's affirmed its 'A' long-term and 'A-1' short-term corporate credit ratings on Nokia. "The outlook revision follows the stabilization of the company's market position and reflects ongoing strong profitability at Nokia's core mobile phone operation combined with a prudent financial policy," said Standard&Poor's credit analyst Olli Rouhiainen. The ratings continue to reflect the company's leading position in the mobile handset market, with an estimated 33% global market share; industry leading profitability; strong cash flow generation; and very conservative financial policies. These factors are
