LONDON (Reuters) – Addressing Nokia Oyj employees in January 2011, Chief Executive Stephen Elop – at that point only four months into the job – dramatized the company’s predicament by comparing it to standing on a burning platform. Nearly a year and a half on, and with Nokia’s Lumia mobile phone range failing so far to revive sales, its position still looks frail. Its shares have lost 90 percent in five years and its debt is rated junk by two of the three major ratings agencies. …

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Nokia’s woes might call for Microsoft aid