BUSINESS

Nokia to set up joint venture with HCL

Source:PTI
January 28, 2009 17:59 IST

Nokia Corporation, as part of its services strategy in India, said on Wednesday it is planning to set up a joint venture with HCL Infosystems to sell mobile value added services and entertainment content directly to consumers in India.

The joint venture is subject to customary regulatory approvals and is expected to take off later this year, Nokia said.

Once the requisite approvals have been received, the joint venture would be primarily engaged in selling value added services for mobile devices.

Nokia India VP and managing director D Shivakumar said, "An important part of our future distribution strategies in India is that we want to ensure that our value added services and entertainment offerings are readily available to all consumers."

Source: PTI
© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

NEXT ARTICLE

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email