Nokia Weighs Sale of Maps Business to Focus on Networks

Nokia Oyj is exploring the sale of its maps business as the Finnish equipment maker focuses on boosting growth at its wireless-network unit and improving its debt rating, according to people familiar with the matter.

Nokia has reached out to potential buyers including Uber Technologies Inc., the mobile car-booking application, and private-equity firms, the people said. A group of German carmakers has also shown interest, the people said, and bids for the unit are expected as soon as this month.