Nokia doesn't just want to be a hand-set maker and it's buying up companies to offer services. The question is whether it can move from a manufacturer to a service provider.

 

Submitted: Oct 18, 2007    Views: 179    Comments: 2    Likes: 5   


View Article: http://www.boston.com/business/globe/articles/2007/10/18/nokia_look...


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AronLiv
AronLiv

the answer to the question is no and you want to sell NOK. Enpocket had $5 million in rev last year. It was a failed business model and Nokia bought it to bail out an investment fund that it owned that had taken too big of a stake in there (Bluerun Ventures which used to be called Nokia Ventures). The acquisition of Navteq is more interesting, but I still think that their strategy will fail.

Posted: Oct 18, 2007

AronLiv
AronLiv

By the way, I should also point out that both of these Nokia acquisitions are old news already.

Posted: Oct 18, 2007



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