Nokia is preparing to move into new London offices
at Paddington from its current headquarters in Farnborough.
The relocation could be part of the mobile phone giant's recent restructuring plans, according to the Independent, which include cutting around 4,000 positions across its global divisions.
It added that the organisation has almost agreed the terms of a deal to take 60,000 sq ft of new London offices
at Kingdom Street, which is close to Paddington train station.
If the plans go ahead, Nokia will join Orange and Vodafone at the development.
Speaking to the newspaper, a spokesman for the communications firm would not reveal why the relocation was occurring but said: "Our choice is dictated by the design of the building, the surrounding area and facilities and good transport links."
Before selecting the central London offices
, Nokia also considered Stockley Park near Heathrow Airport, Weybridge and Woking as potential locations.
One and Two Kingdom Street are prominent addresses on the road, with local occupiers also including AstraZeneca, Clydesdale Bank, Rio Tinto and Statoil.
On the London Underground, Oxford Circus can be reached in less than ten minutes, Moorgate in just over 15 minutes and Liverpool Street in around 20 minutes.
Posted by Emma Davies
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