Nokia To Up Services Investment As It Fights Google, Apple

At its capital markets day on Tuesday, Nokia Corp. stressed the significance of its push into mobile services and indicated it intends to make further acquisitions in the field.

Chief Executive Olli Pekka Kallasvuo said Nokia (NOK) , already the world's largest maker of mobile phones by a large margin, intends to become the No. 1 brand for search, browsing and music.

"Nokia's goal is to be the world No.1 in bringing the Internet to mobile devices. We estimate that in 2010, the total Internet-services market will be approximately 100 billion euros," Kallasvuo said.

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- Posted: 2007-12-04 10:50:56

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