Nokia planning to foray into telecom services

New Delhi, Sep 14: Nokia is all set to upgrade from being a just a handset manufacturer to a services and solutions provider in order to thwart the competition.

"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 was quoted as saying in a news agency report.

Nokia which is one of the world"s largest handset manufacturer is taking this step amid the growing competition from firms like Apple and Research-in-Motion.

The firm is aiming 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.

Apart from the deal with Facebook that enables users to update their status on the social networking site through Nokia Ovi, the company is also ready to foray into the Money market, with the launch of 'Nokia Money Service".

OneIndia News