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Nokia Siemens Networks plans to raise as much as $930 million from public markets this spring to help pay down debt and fund investment, Reuters reported.

Established businesses work sedulously, just for supremacy and more often than not, one defeat never dampens their enthusiasm. However, many established businesses suddenly collapse not for want of ambition, but for not reinventing themselves and sticking to the status-quo. For instance, Nokia, the then market leader of feature phones failed to pander to people's inclination to Android. Today, Nokia is nowhere to be seen. When complacency clouds the vision of businesses, it essentially becomes a scenario of obliteration.

This week Microsoft Devices released the Nokia Lumia 530, but what are you other options in the world of Lumia?

Samsung, Huawei, LG, Nokia and HTC feature in CBR's list.