Now Nokia all set to enter telecom services

September 13, 2009 04:54 pm | Updated December 17, 2016 05:20 am IST - New Delhi

Display during the launch of Nokia N97 in Mumbai. Photo: 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.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.