Nokia’s extreme dieting continues as it kills off Nokia Money

Nokia kills Indian mobile payments service as it pulls every ladder up
If you thought Nokia had finished its program of slimming down, think again. The axe is being wielded on Nokia Money as the company seeks to reinvent itself as a lean’n'mean mobile player. The mobile payments and cash management service was launched in India late last year, but both complex financial regulations and the fact it’s outside of Nokia’s core business prompted its early closure. Instead, it’ll concentrate its efforts on its smartphones designed for emerging markets like the Asha: with the aim of connecting the “next billion” people to the internet.

Nokia’s extreme dieting continues as it kills off Nokia Money originally appeared on Engadget on Mon, 12 Mar 2012 10:35:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceReuters  | Email this | Comments


Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/W6tSWxuf6oY/

Syntel Syntax-Brillian Synopsys Synnex

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>