Nokia 2010 Annual Report Download - page 8

29. Nokia Siemens Networks’ ability to maintain or improve its market position or respond
successfully to changes in the competitive environment;
30. Nokia Siemens Networks’ liquidity and its ability to meet its working capital requirements;
31. whether Nokia Siemens Networks’ acquisition of the majority of Motorola’s wireless
network infrastructure assets will be completed in a timely manner, or at all, and, if
completed, whether Nokia Siemens Networks is able to successfully integrate the acquired
business, crosssell its existing products and services to customers of the acquired business
and realize the expected synergies and benefits of the planned acquisition;
32. Nokia Siemens Networks’ ability to timely introduce new products, services, upgrades and
technologies;
33. Nokia Siemens Networks’ success in the telecommunications infrastructure services market
and Nokia Siemens Networks’ ability to effectively and profitably adapt its business and
operations in a timely manner to the increasingly diverse service needs of its customers;
34. developments under large, multiyear contracts or in relation to major customers in the
networks infrastructure and related services business;
35. the management of our customer financing exposure, particularly in the networks
infrastructure and related services business;
36. whether ongoing or any additional governmental investigations into alleged violations of
law by some former employees of Siemens AG (“Siemens”) may involve and affect the
carrierrelated assets and employees transferred by Siemens to Nokia Siemens Networks;
37. any impairment of Nokia Siemens Networks customer relationships resulting from ongoing
or any additional governmental investigations involving the Siemens carrierrelated
operations transferred to Nokia Siemens Networks;
as well as the risk factors specified in this annual report under Item 3D. “Risk Factors.”
Other unknown or unpredictable factors or underlying assumptions subsequently proving to be
incorrect could cause actual results to differ materially from those in the forwardlooking statements.
Nokia does not undertake any obligation to publicly update or revise forwardlooking statements,
whether as a result of new information, future events or otherwise, except to the extent legally
required.
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