The Hindu : Business / Companies : Now Nokia all set to enter into telecom services
NEW DELHI, September 13, 2009 PTI Shashi Ashiwal. Display during the launch of Nokia N97 in Mumbai. Photo: Shashi Ashiwal. Having ruled the market for over a decade, the world's largest handset manufacturer, Nokia, is shifting gear to reposition itself from being a device maker to a services and solutions provider in the wake of mounting competition from players like Apple and Research-in-Motion. "Services is next big thing...we see people living their life 24x7 through applications on their mobile phones. Whether it is Twitter or Facebook, people live their life online," Nokia India Managing Director D Shivakumar told PTI when asked about the company's future plans. Nokia, one of the key developers of GSM (Global System for Mobile Communications), the second-generation mobile technology, is looking at providing various services and solution ranging from music downloads to games to financial services and information about prices and weather to the Indian farmers among many others. The company has already inked a location-based service deal with social networking site Facebook. Under the deal, people could update their location and status directly to the social networking site via a Nokia Ovi account. The company is also planning to enter the money market, with the launch of 'Nokia Money Service' - offering basic financial services on mobile phones - by next year. "The service would enable consumers to send money, pay for goods, services and bills, and recharge their prepaid SIM cards using their mobile phone," Mr. Shivakumar said. Keywords: Nokia , Telecom services RELATED TOPICS economy, business and finance business (general) lifestyle and leisure mobile phones science and technology technology (general) Email the Editor Zenith_Hindu_MPU_Sep09/Web300x250 google_ads_frame frame Ads by Google 3BHK & 4BHK Apartments Lanco Hills in Hyderabad, ClubHouse Mini Theatres, Party Halls & More!www.lancohills.com/A-World-Within The Economist Magazine Speculators & The Oil Price Know More @ Economist. Visit Now!Economist.com/The_Oil_Price Free Tech Information Browse Our Technology & IT Articles Online. Subscribe to Weekly Report!www.ITBusinessEdge.com google_ads_frame frame end Today's Paper TODAY'S PAPER ePaper Crossword Sudoku This Day That Age Archives GROUP SITES The Hindu Publications Business Line eBooks Sportstar Images Frontline The Hindu About Us Contacts Archives Subscriptions RSS Feeds Site Map Home News Opinion Sport Business Arts Life & Style S & T Education Health Classifieds Today's Paper Topics Group Sites The Hindu Business Line Sportstar Frontline Publications eBooks Images Disclaimer: The Hindu is not responsible for the content of external internet sites. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu. Comments to : [email protected] Copyright © 2009, The Hindu To unsubscribe send a message to [email protected] with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in
