Gaurav i went to nokia care yesterday .... they formatted my phone twice , still after that same issue. Then i talked with other 720 users there, they both had compass in their devices.
what they are telling me is that its just a software incompatibility thats why phone is not finding compass in it. they suggest me to wait for new update.
I questioned them that if its a software issue then it should be in all L720, why only mine.
So now i m thinking that i will wait for few days then i will give my phone to nokia care again. so they will send this phone to further.
your views on that?