Nokia is a telecommunication equipment and networking firm headquartered in Espoo, Finland, established since 1865. Nokia is a public company currently traded on Euronext (NOKIA), Nasdaq (NOKIA), and the NYSE (NOK). Given the cult following of their simple, reliable cell phones and service, their products and service would be ideal for adventurers. As a result, Nokia is considering investing abroad. They have identified two potential targets:

1. Spark New Zealand is a publicly traded company headquartered in Auckland, New Zealand. It has been in operation since 1987. Prior to that date, Spark was a component of the New Zealand Post Office (a government body). Spark is currently traded on the New Zealand Exchange (SPK). As of 2012, Spark has 32.2% of market share in New Zealand.
2. Helenic Telecommunications Organization is the largest telecommunication firm in Greece founded in 1949. It is headquartered in Athens and has subsidiaries in Romania and Albania. HTO is listed on the Athens Stock Exchange. It is owned partially by Deutsche Telekom (a German telecommunication company) and the Greek government. HTO currently employs over 21,000 employees.

Country	Legal Origin	Primary Funding Source	Basis for Taxation	Block Memberships/ Trading Partners	Inflation Rate	IFRS Adoption Status
Finland	Code Law	Banks	Aligned	EU	0.8%	Required (2005)
New Zealand	Common Law	Equity Market	Separated	ASEAN	2.2%	Modified Version
Greece	Code Law	Banks, Families	Separated	EU, Romania, Albania	1.2%	Required (except banks)

INSTRUCTIONS:Read the case above regarding selecting FDI targets and1) Identify benefits and challenges for each potential target (i.e. New Zealand and Greece) 2)Decide which target you would ultimately choose and explain why in detail. Formatting: Number your solution and put a space between each answers.