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Nokia invests $70m in Obopay

Nokia has invested $70 million for a minority stake in the mobile payment technology company Obopay. This is another salvo in the ongoing battle being fought to control the mobile payments segment between banks, mobile networks, handset makers and start-ups.

Arun Muthirulan, 19 April 2009

Nokia buys into mobile operating systems

Nokia has acquired the Norwegian vendor of embedded mobile Linux platforms and development tools, Trolltech, for $150m. Nokia now has a Linux play to add to its mobile services strategy. More »

02 February 2008

Recorded Music Industry declines despite the rise in Digital revenues

The Recorded Music industry is in decline despite the rise in Digital Revenues. Music publishing revenues have continued to grow slowly year on year, but recorded music revenues continue to fall as the rise in digital music fails to compensate for the fall in CD sales in all major markets. This... More »

15 January 2008

Nokia makes big move into location-aware services

Nokia has put the turbulent times of 2001-2003 well behind it, emerging as the leader in mobile, with steady year-on-year revenue growth from 2003 to 2007, while sustaining margins around 13%-15%. With 40% market share and a market capitalisation of €85 bn, backed up by 2007 revenues of €51 bn... More »

16 November 2007

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