10/24/2007

Content for the wireless Internet

Nokia sees content for the wireless Internet as key to snapping up more mobile phone users, including in emerging markets. The target market will define what will globally be the next big thing in mobile phones, Oistamo said, but added that location-based services combined with social networks would be one of them. Nokia's recent acquisitions have supported a content strategy as the company has made moves to transform it from being a pure hardware company into becoming an online services company. In July Nokia said it would acquire social networking and photo-sharing site Twango, as millions of users flock to similar sites like MySpace and Facebook. Nokia also recently launched Internet services portal Ovi. And earlier this month Nokia launched an $8.1 billion offer for the U.S. digital-map supplier Navteq, which would be its largest ever acquisition.

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