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UPDATE 1-Nokia, T-Mobile sign Internet services deal

Fri May 2, 2008 5:27am EDT
 
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HELSINKI, May 2 (Reuters) - Nokia (NOK1V.HE: Quote, Profile, Research, Stock Buzz), the world's top mobile phone maker, signed a deal with Germany's T-Mobile [TMOG.UL] for Internet services for European customers, Nokia said on Friday.

"T-Mobile and Nokia will be able to offer their European customers faster and easier access to all of T-Mobile's web'n'walk Internet services as well as to Nokia's Ovi Internet services," Nokia said in a statement.

It said the firms will try to make social networking sites more mobile and added Nokia's Ovi services will be available on a wide range of Nokia phones for T-Mobile users.

Nokia, which made about 40 percent of all cellphones sold in the first quarter, is the first handset maker to move strongly into the content space.

Millions of users have downloaded songs, video clips, programmes and documents since the company launched the Nokia music store and Mosh, a file sharing site, last year.

The handset maker has also struck deals with top record label Universal and Sony BMG to distribute their music with deals allowing users unlimited downloads in a 12-month period.

Some telecoms operators have been wary of cellphone makers' push into services as the market traditionally has been dominated by the operators.

"There have been suspicions how eager operators are in adding this service," said Pohjola Bank analyst Hannu Rauhala. "Nokia's concept seems to have the right fundaments to interest operators."  Continued...

 

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