Nokia, Cable and Wireless join forces on wireless net platform

Published July 7th, 2000 - 02:00 GMT

Finland's Nokia and Britain's Cable and Wireless PLC announced Thursday in a press release that they were joining forces to create a global mobile Internet platform for delivering wireless applications.  

The two companies said they would be targeting network operators, service providers and corporate customers.  

Nokia Networks, the infrastructure arm of the world's top cellular phone maker, will provide a services platform, applications and systems integration that meshes with Cable and Wireless Internet services, the companies said.  

The platform, to be managed by Cable and Wireless, will allow it to offer corporate customers access to the Internet, mobile commerce, information services and business applications via mobile phones and other handheld devices, Nokia said.  

No launch timetable or financial details were given.  

Analysts said the alliance indicates a change in strategy.  

"The focus is coming away from their bits and pieces and concentrating on global operations," Phil Campbell, a London-based analyst with Schroder Salomon Smith Barney, was quoted as saying by The Associated Press.  

Nokia, with 56,000 employees worldwide, has estimated that the number of global mobile phone users will grow to more than 1 billion by the end of 2002 and most will have access to the Internet.  

Cable and Wireless has an annual revenue of $14 billion with customers in 70 countries --(Several Sources) 

© 2000 Al Bawaba (www.albawaba.com)

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