Nokia introduces microfinance schemes to push salesAugust 19th, 2009 NEW DELHI - Nokia India Wednesday said it will roll out microfinancing schemes in 12 states in an effort to push its mobile phone penetration in the country. India is second in terms of the company's revenue.
Nokia Siemens Networks gets euro250 milllion loan from European Investment BankJune 29th, 2009 Nokia Siemens Networks gets euro250M loanHELSINKI — Wireless equipment firm Nokia Siemens Networks has received a euro250 million loan from the European Investment Bank to develop its network technologies, the company said Monday. The joint venture between Nokia Corp.
Nokia Launces First Touch Screen Mobile, iPhone Scared?September 30th, 2008 At last Nokia, the world leaders in mobile phones, has come out of its traditional circumference. With apple's i-phone roaring in, Nokia is now backing themselves up with their touchscreen mobile phone which is due by the next week (confirms Reuters).
Nokia Siemens in $650 million deal for Nortel NetworksJune 20th, 2009 Nokia Siemens buys Nortel in $650 million dealHELSINKI — Nokia Siemens Networks said Saturday it will buy Canadian-based Nortel Networks in a $650 million (€465 million) deal. "Nokia Siemens Networks has taken a significant step towards strengthening its leadership in Long Term Evolution, or LTE, next generation wireless technology and expanding its market presence in North America," Nokia Siemens said.
Nokia launches new E-series phoneApril 15th, 2009 NEW DELHI - Mobile phone maker Nokia Wednesday launched the new addition to its E-series range, Nokia E75. The latest model offers Nokia Messaging Service, which will allow users to send e-mails while on the move.
Nokia Siemens to upgrade Idea Cellular's networkJune 18th, 2009 NEW DELHI - Telecom equipment manufacturer Nokia Siemens Networks Thursday said it will upgrade Idea Cellular's network in 22 service areas in India. The company will use GPRS (general packet radio service) technology and its Unified Charging Solution to upgrade Idea's existing network that will enable the telcom major provide innovative mobile services like multimedia messaging, email, web browsing and online music.
Pressmart to provide news on Motorola phonesFebruary 24th, 2009 HYDERABAD - Motorola India and the city-based digital publisher Pressmart Media Ltd Tuesday announced that the live news-on-the-mobile service would now be available on Motorola phones in the country. The service would be available on MOTO VE66, MOTOSURF A3000 and MOTOROKR EM35 phones, slated for distribution in India.
Samsung announces earnings estimate for first time in bid to damp speculationJuly 6th, 2009 Samsung announces earnings estimateSEOUL, South Korea — Samsung Electronics Co., the world's biggest manufacturer of memory chips, announced quarterly earnings estimates for the first time Monday, saying it hopes to reduce market confusion and speculation about its performance. The Suwon, South Korea-based corporation said it expects consolidated sales of between 31 trillion won ($24.46 billion) and 33 trillion won for the three months through June.
China's Unicom announces it reaches deal with Apple Inc. to sell iPhones in ChinaAugust 28th, 2009 China's Unicom to sell Apple's iPhonesHONG KONG — China Unicom Ltd. said Friday it will sell Apple Inc.'s iPhone in China this year, ending months of rumor about when the hit phone would make its long-delayed debut in the world's most populous mobile market.
India's Red Chery plans to cross swords with BlackBerryMay 28th, 2009 MADURAI - The little-known maker of Red Chery - a mobile application used for receiving mails from free and corporate e-mail accounts - is dreaming big: eating into a market straddled by BlackBerry of Canada's Research In Motion and other similar service providers. To make this happen, the Rs.15-crore software product company, AJ Square Consultancy, is banking on an aggressive pricing strategy, and hoping to rope in two million (20 lakh) subscribers by this fiscal-end.
Nokia to lay off 450 More, Plans to Tightens up Cost cutting measuresApril 28th, 2009 Nokia to lay off 450 employeesHELSINKI — Nokia Corp. said Tuesday it will lay off up to 450 workers worldwide and streamline operations, in a move to further cut costs.
Nokia Siemens in $650 million deal for wireless operations of Nortel NetworksJune 20th, 2009 Nokia Siemens in deal to buy Nortel wireless unitsHELSINKI — Nokia Siemens Networks said Saturday it will buy the wireless operations of Canadian-based Nortel Networks in a $650 million (euro465 million) deal to strengthen its position in North American markets. The Finnish-German joint venture said it will purchase the LTE and CDMA assets of Nortel, a former telecom equipment giant now operating under bankruptcy protection.
Nokia reports pre-tax loss for first quarterApril 16th, 2009 HELSINKI - Citing an 'exceptionally tough environment', Nokia, the world's largest maker of mobile phones, Thursday reported lower sales and a sharp drop in operating profit for the first quarter of 2009. The Finland-based company posted a pre-tax loss of 12 million euros ($15.8 million), compared to a pre-tax profit of 1.6 billion euros for the corresponding business period in 2008.
Report: Streaming music provider Spotify to launch iPhone applicationJuly 27th, 2009 Report: Spotify to launch iPhone applicationSTOCKHOLM — Streaming music service Spotify is launching an application for Apple Inc.'s popular iPhone, Swedish news agency TT reported Monday. It would be Spotify's first mobile phone application.
Now print from your BlackBerry anywhere!May 5th, 2009 TORONTO - BlackBerry-maker Research In Motion (RIM) has announced a strategic tie-up with Hewlett Packard (HP) to provide 'a portfolio of solution'' to businesses on its smartphones. Under the tie-up, Hewlett Packard will unveil HP CloudPrint to enable BlackBerry users to print emails, photos, web pages and other documents from their smartphones to the nearest printer - at home, in the office or on the road.