Nokia to offer telecom services

By siliconindia   |   Tuesday, 15 September 2009, 15:35 IST   |    4 Comments
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Nokia to offer telecom services
Bangalore: After ruling the market for over a decade in handset manufacturing, Nokia has been repositioning itself to offer services related with telecom sector in the wake of mounting competition from players like Apple and Research-in-Motion. D Shivakumar, Managing Director, Nokia India said, "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, one of the key developers of global system for mobile communications (GSM) and second generation mobile technology, is looking forward to provide varied services and solutions like music download, games, financial services and information about prices and weather to Indian farmers and many others. The company already signed a location based deal with social networking site Facebook, according to which people could update their location and status directly to social networking sites via a Nokia Ovi account. By next year, the company has planned to enter into the money market, with the release of 'Nokia Money Service'-offering basic financial services on mobile phones. Shivakumar said, "The service would enable consumers to send money, pay for goods, services and bills, and recharge their prepaid SIM cards using their mobile phone."